- 27,285,000 €
- 4.7% yield
- Thuringen Shop 955,000 €
- Basic parameters
- Photo
№ 2,386,196
Shop 600 m² in Thuringen
955,000 €
1,591 € /m²
- Total area 600 m²
- Yield 6.67%
- Lease term 2025
- Constructed 2004
Key project parameters
- Total area
- 600 m²
- Number of parking lots
- 10
- Constructed
- 2004
Project description
Parking for 10 cars.
Tenants
- Agreement
- Yes
- End of lease
- 2025
The property is fully let. The tenants are two chains of car services, each of them has several hundred branches in Germany.
The lease contract 1 is valid until 2025.
The lease contract 2 is valid until 2029.
Financial performance
- Yield
- 6.67%
Location and nearby infrastructure
The property is located in Thuringia, in a town with a population of about 100,000 people.
Thuringia is a state located in central Germany covering an area of 16,171 square kilometres. The population of the state is 2.15 million inhabitants. Erfurt is the state capital and largest city.
Thuringia is surrounded by the states of Bavaria, Hesse, Lower Saxony, Saxony-Anhalt, and Saxony.
More properties
If this property wasn’t for you, take a look at other retail space for sale in Thuringen.
All ads in the country: retail space 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
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- 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
We use a methodology that enables us to formulate requests and find good deals in the market
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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