- 27,285,000 €
- 4.7% yield
- Schwarzwald Mixed-use building 7,300,000 €
- Basic parameters
- Photo
№ 1,787,430
Business centre 2,727 m² in Schwarzwald
7,300,000 €
2,676 € /m²
- Total area 2,727 m²
- Yield 4.0%
- Lease term —
- Constructed 1996
Key project parameters
- Total area
- 2,727 m²
- Number of parking lots
- 106
- Constructed
- 1996
Project description
A commercial center with large well-known chains as the anchor tenants.
Description
The complex of two buildings with several large tenants, office premises and spacious parking.
300 m² are vacant.
Extra information
Car parks
Tenants
- Agreement
- n/a
Anchor tenants are:
- Well-known fast food chain, with a revenue of about 23 billion dollars (2017). About 235,000 people work in this company. The company occupies 18,9% of the area of the building. The lease agreement is valid until 24.04.2021 + extension options for 5x5 years.
- Major shoe and sportswear retail chain, with the revenue of about 5,8 billion euro (2017) and about 1,300 stores in Germany. The company occupies 19,9% of the area of the building. The lease agreement is valid until 31.07.2024 + extension options for 3x5 years.
Financial performance
- Yield
- 4.0%
The absolute annual income is € 428,000.
The current yield is 5,8%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5.0%.
Brokerage fee is 4% + 19% VAT (total 4.76%).
Location and nearby infrastructure
The property is located at the entrance of the famous resort town and is surrounded by branches of large retail chains:
- Real
- Aldi
- Obi
- Rofu
- Kinderland
- Fressnapf
- Möbelhaus Ruga
Baden-Württemberg is the land in the south-west of Germany with the population more than 10 million people. The capital is Stuttgart.
Baden-Württemberg is the region with the developed economy and the lowest unemployment rate in Germany. There are such world-famous companies as Mercedes-Benz, Audi Sport GmbH, Daimler AG, IBM, Karl Storz, Porsche AG, Robert Bosch GmbH, SAP, Voith, Testo, ZF Friedrichshafen AG here.
For a long time, the production of fine mechanics (Junghans, Kienzle, SABA, Dual) has been very developed in the Black Forest.
The territory of the Swabian mountain massif was and remains the center of the textile industry (Hugo Boss, Trigema, Steiff).
There are 2 nuclear power plants in Baden-Württemberg, numerous hydroelectric power stations are built on the rivers of the region.
One of the most important branches of the economy is publishing. About 40% of all German books are published in this land.
There are 9 universities, 39 specialized universities, and about 130 research institutions in the region. The Heidelberg and Tübingen universities are among the oldest in Europe.
The beauty of nature and the abundance of historical attractions contribute to the development of tourism in the region.
More properties
If this ad doesn't suit you, have a look at the other shopping centers for sale in Schwarzwald.
All ads in the country: shopping centers for sale in Germany.
Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
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Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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