Store in the shopping mall in the center of Budapest, Hungary

Additional information is provided after the signing of an NDA

Store in the shopping mall in the center of Budapest, Hungary

980,000 €
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  • Yield
    7.1%
  • Rental rate (m²/month)
    71 €
Details
Property parameters
  • Leasable area: 82 m²
  • Total premises: 1
Financial performance
  • Annual income: 69,864 €
Tenants
  • Fully let
  • End of lease: 2028

Store in the large shopping mall in the center of Budapest.

Description

Premises with an area of 82 m².

Financial performance

The annual income is 69,864 €.

The yield is 7.1%.

Tenants

The property is fully let. The tenant is a well-known retail chain.

The lease was concluded until October 2028 with the extension option of 5 years.

Transaction costs

The brokerage fee.

Location

The asset is situated in a well-known shopping mall in the center of Budapest. The store is located directly in front of the escalator, which ensures high traffic.

Budapest is the capital of Hungary, one of the largest and most beautiful cities in Europe, located on both sides of the Danube River. Known for its magnificent architecture, among which stands the neo-Gothic building of the Hungarian Parliament, a large number of architectural monuments, wide and beautiful avenues with shops and restaurants.

Budapest is the only capital in Europe that has the status of a resort — due to the numerous thermal springs the city is an excellent place to relax and regain health.

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