Commercial premises in the detached building.
Description
Total area of the building is 7,564 m²
The purchase price of the property includes parking for 286 cars.
Financial performance
Absolute annual income is 327,000 €.
The current yield of 8.49%.
Tenants
The anchor tenant is a large chain of building material stores.
The lease agreement is valid through 2024 with extension options 2x5.
Transaction costs
Notary fee of 1.5%.
RE purchase tax of 6.5%.
The broker's fee of 5.95%.
Location
The shopping center is situated in a town of the state of Thuringia.
