Contact a manager at Tranio.com, and we will find you a suitable Shop or property from among our 90,000 offers across 52 countries around the globe

Commercial property — a large shopping center in Saxony

3,493,000 €
Mortgage calculator
Send a request
Total area: 2,559 m² Yield: 8.0% Built in 2013
Send a request
Features
  • Absolute return: 286,314 €
  • Land area: 9,959 m²
  • Percentage of the rented area: 100%
  • Number of parking lots: 80

Description

This shopping center in Saxony, in the south-eastern part ofGermanyis a perfect object for investment. The building includes 5 commercial premises with total area of 2,559 m², where there are shops of various types: food discounter, department store, butcher shop, bakery shop, drinks shop. The shopping center is located in the area of mixed construction, close to the motorway, passing in a city street. The center and is a popular place to shop in the town with a population of 8,600 people. There is a parking for 80 cars.

Lease

Retail premises are leased till 2025.

Profitability of the object is 8.2% gross (without purchase tax, the cost of the notary and brokerage fees).

* The price does not include additional costs for the purchase of real estate.

** Brokerage commission is 3.57%.

More properties

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

You can see more retail space for sale in Saxony elsewhere on our website.

Similar listings

We select ads that may interest you.

Submit a request for a purpose proposal
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services