It is a shopping mall investment in one of the cities east of Munich with a population of more than 10,000 people.
Description
The total area of the property is about 3,800 m².
The plot of 15,270 m².
There is a parking for 206 spaces.
The mall is fully leased out to several tenants.
Financial performance
Absolute income is 618,783 €.
The current yield of 5,9%.
Tenants
The anchor tenant is Rewe, a subsidiary of Rewe Group.
Rewe Group was founded in 1927, is employs more than 320,000 people. Annual revenue exceeds € 50 billion.
Other major tenants:
- A. T. U. — auto parts store;
- Dänisches Bettenlager — furniture store;
- Fressnapf — pet goods store.
Transaction costs
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 6%.
Location
The shopping mall is located in a prominent position close to the major regional transport hub.
There are major industrial area and residential district nearby.
