+44 20 3608 1267
Shopping mall in Bavaria with a 5,9% yield

Photos available on request

Shopping mall in Bavaria with a 5,9% yield

10,500,000 €
Mortgage calculator
Submit request
Total area: 3,841 m² Yield: 5.9%
  • Absolute return: 618,783 €
  • Land area: 15,270 m²
  • 1-floor building
  • Renter: 100%
  • Number of parking lots: 208
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 7.1%

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 7,14%.

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.

Similar listings

We are looking for similar ads

Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Bavaria
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 1.9%