Shopping mall, Saxony-Anhalt, Germany

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Shopping mall, Saxony-Anhalt, Germany

1,500,000 €
681 € /m²
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  • Total area
    2,200 m²
  • Yield
    6.48%
  • Rental rate (m²/month)
    5 €
  • Built in 
    1992
Details
Property parameters
  • Leasable area: 1,500 m²
  • Land area: 6,000 m²
  • Total premises: 2
  • Number of parking lots: 70
Financial performance
  • Annual income: 97,200 €
Tenants
  • Fully let
  • End of lease: 2045
Property status
  • Most recent total renovation: 2019
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

Parking for 70 cars.

Financial performance

The current rental income is 97,200 €.

The expected rental income is 143,334 €.

The current yield is 6.48%.

The expected yield is 9.56%.

Tenants

The property is fully let. The anchor tenant is a chain improvement store.

The tenancy contract has been concluded till 2045 (without the right of termination till 2030).

Location and nearby infrastructure

The property is located in the federal state of Saxony-Anhalt, in a residential area of a town with a population of about 10,000 people.

Saxony-Anhalt is a state of Germany, bordering the states of Brandenburg, Saxony, Thuringia and Lower Saxony. Saxony-Anhalt is renowned for its rich cultural heritage and possesses the highest concentration of UNESCO World Heritage sites in Germany.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Saxony-Anhalt.

All ads in the country: shopping centers for sale in Germany.

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