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Shopping mall in Bavaria with a 6,5% yield

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Shopping mall in Bavaria with a 6,5% yield

31,000,000 €
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Total area: 12,260 m² Yield: 6.5%
  • Absolute return: 2,014,499 €
  • Land area: 23,360 m²
  • Built in 1990
  • 2-floor building
  • Percentage of the rented area: 100%
  • Minimum owner's capital: 15,500,000 €
  • Number of parking lots: 276
  • Most recent total renovation: 2015

It is a large shopping mall located in a town in northern Bavaria.

Description

The two-storey building with a total area of 12,260 m² was built in 1990.

The plot of 23,360 m².

The property is in excellent condition and runs routine maintenance, the latest renovation has been completed in 2015.

There is a modern parking for 276 cars.

The mall is fully leased out to several tenants.

Financial performance

Absolute income is 2,014,499 €.

The current yield of 6,5%.

Tenants

The property is leased to five reliable tenants:

  • Takko (13% of revenue);
  • Deichmann (14% of revenue);
  • Netto (19% of revenue);
  • Depot (25% of revenue);
  • Müller (29% yield).

On average, the lease agreements will be valid for a further 6,5 years.

Location

The mall is located in the city center in synergy with other large supermarkets.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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