A two-storey shopping center.
Total area of the building is 2,960 m²
The shopping center was built in 2017.
The purchase price of the property includes a parking for 62 cars.
There is the second shopping center with the area of 4,400 m² under construction near the property. An investor can purchase the second shopping center on a forward transaction. The construction will be completed in 2018.
Absolute annual income is 292,501 €.
The current yield of 8%.
There is a possibility of obtaining a loan for 50% of the value of the property.
The shopping center is leased out to six tenants.
Weighted average unexpired lease term is 5 years.
Notary (state registration) is 1%.
The brokerage fee is 4%.
Due Diligence cost is 40,000 €.
Location and nearby infrastructure
The shopping center is located in the dynamically developing city with the population of more than 50 thousand people. There are a public transport stop and an entrance to the motorway are situated in proximity from the property.