Pharmacy, Jerusalem, Israel

Additional information is provided after the signing of an NDA

Pharmacy, Jerusalem, Israel

7,225,000 $
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Total area: 509 m² Yield: 5.0% Built in 2015
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  • Operating Incomе: 315,838 €
  • 2-floor building
  • Occupancy: 100%
  • Broker: 2.0%

Pharmacy with a network retail tenant.


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%.


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%).


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.

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Enquire about this shop
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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