Pharmacy, Jerusalem, Israel

Additional information is provided after the signing of an NDA

Pharmacy, Jerusalem, Israel

7,136,000 $
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Total area: 509 m² Yield: 5.0% Built in 2015
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Features
  • Operating Incomе: 315,838 €
  • 2-floor building
  • Occupancy: 100%
  • Broker: 2.0%

Pharmacy with a network retail tenant.

Description

The property includes two floors with an area of 444 m² and a basement with an area of 65 m².

The building was built in 2015.

Financial performance

The absolute annual income is 315,838 €.

Current yield is 5.0%.

Tenants

An anchor tenant since 22.06.2015 is a large retail chain of Israeli pharmacies, which occupies about 85% of the market for pharmaceuticals and cosmetics.

The lease agreement is concluded for 20 years and provides indexation of the rent by 10% every 5 years.

Transaction costs

The brokerage fee is 2.0% + 17% VAT (in total 2.34%).

Location

The property is located in the area of Moshava Germanit (German Colony), one of the most expensive and popular areas of Jerusalem.

The old town is situated in a 15-minute walk from the building.

Statistics in Jerusalem

Price per m², $
9,491
Healthcare efficiency level
67
Crime rate
38
Real estate Price, $
Apartment in the city centre, m² 9,490.9
Apartment in a bedroom community, m² 5,976.88
Transport Price, $
Public transport, 1 ride 1.62
Monthly travel card 58.88
Taxi, 1 km 0.94
Petrol, 1 l 1.73
Food Price, $
Water, 1.5 l 1.78
Milk, 1 l 1.54
White bread, 500 g 1.99
Eggs, a dozen 3.4
Chicken fillet, 1 kg 9.4
Education Price, $
Kindergarten, per month 646.77
International school, per year 12,324.35
Health care index
Staff competence 76.09
Medical equipment 84.38
Research accuracy and completeness 75.0
Attitude towards patients 51.09
Security index
Crime rate 38.52
The risk of being robbed 28.57
The risk of car theft 38.93
The risk of break-in and property damage 37.3

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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If this property wasn’t for you, take a look at other retail space for sale in Israel.

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Olga Starintseva
Real Estate Expert Tranio in Jerusalem
+44 17 4822 0039
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