Shopping center after a complete renovation, Maribor, Slovenia

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Shopping center after a complete renovation, Maribor, Slovenia

2,300,000 €
904 € /m²
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  • Total area
    2,543 m²
  • Yield
    6.8%
Details
Financial performance
  • Annual income: 155,664 €
Tenants
  • Fully let
  • End of lease: 2034
Property status
  • Most recent total renovation: 2019
Loan
  • Loan size: 50% of the value of the property
  • Rate: 2.5 %
  • Loan term: 10 years

Shopping center with a well-known retail chain tenant.

Description

A complete renovation of the shopping center will be finished in 2019.

The building has its own outdoor parking.

Structural features of the building: monolithic reinforced concrete foundation, enclosing structures made of sandwich panels.

Tenants

The tenant will be one of the largest grocery retailers in Slovenia, with more than 200 stores.

The lease agreement will be signed for 15 years.

Location

The property is located in the city of Maribor – the second largest city in Slovenia with a population of about 100 thousand people).

A shopping center is located in a single trading zone of one of the city’s micro-districts, major supermarkets and non-food stores are located nearby, which ensures a regular large flow of customers.

Maribor is located in the north-eastern part of the country, in the Podravsk region, on the Drava River, at the foot of Pogorye Mountain. The city is the center of the historical region of Lower Styria.

Maribor is 127 km from Ljubljana, 257 km from Vienna (Austria), 116 km from Zagreb (Croatia).

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