Commercial building in Berlin

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Commercial building in Berlin

8,000,000 €
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Total area: 3,978 m² Yield: 6.1% Built in 1997
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Features
  • Absolute return: 487,032 €
  • Land area: 6,030 m²
  • 3-floor building
  • Percentage of the rented area: 99%
  • Number of parking lots: 80
  • Broker: 3.6%

It is a commercial center in Berlin.

Description

The building with total area of 3,978 m², situated on a plot of 6,030 m², was built in 1997.

There is a shopping mall on the ground floor of the building, the first floor is occupied by offices, dance school and a billiard club, the second floor hosts helth care center and physical therapy.

Financial performance

Absolute income is 487,032 €.

The current yield of 6,1%.

Tenants

The tenant of the shopping center have changed recently. The new tenant is a major German food network, which signed a contract for 15 years with the extension option for 2x5 years.

More properties

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

You can see more business centres for sale in Berlin elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services