It is a shop in a free standing building.
Description
Lettable area of 759 m²
The property is leased out to a single tenant.
Financial performance
Absolute income is 168,150 $.
The current yield of 5,9%.
Tenants
The tenant is a large shop chain ”Family Dollar“.
The lease agreement is signed for 10 years until 2024 with extension options for 5 years and 10% rent indexation each 5 years.
Location and nearby infrastructure
The shop is situated in the area with a high population density and an extended infrastructure.