New shopping mall in North Rhine-Westphalia

Photos available on request

New shopping mall in North Rhine-Westphalia

3,400,000 €
Mortgage calculator
Send a request
Total area: 1,946 m² Yield: 6.3% Built in 2015
Send a request
Features
  • Absolute return: 215,924 €
  • Land area: 6,501 m²
  • 1-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 76
  • End of lease: 2025
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 3.6%

It is a shopping mall in one of the cities west of Cologne with a population of more than 10,000 people.

Description

The total area of one-storey building is 1,946 m².

The plot of 6,501 m².

The property was built at the end of 2015 and is in excellent overall condition.

There is a parking for 76 cars.

The mall is fully leased out to three tenants.

There is a possibility to build an addon area of 185 m².

Financial performance

Absolute income is 215,924 €.

The current yield of 6.3%.

Tenants

The anchor tenant is Action retail chain, founded in 1993 in the Netherlands.

The company has more than 500 branches in Europe and its annual income exceeds € 1,5 billion.

The lease agreement is signed for 10 years until 2025 with extension options 3x4 years.

The other two tenants are Kienast shoe store and textile chain KiK.

The lease agreements are signed for 10 years until 2025 with extension options for 5x3 and 2x5 years respectively.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6,5%.

The broker's fee of 3,57%.

Location and nearby objects

The property is located in a retail zone in the southeastern part of the city.

There are supermarket and discounts nearby, together with the proposed mall they serve the entire city.

supermarket-icon
Supermarkets
school-icon
Schools
cafe-icon
Cafe and restaurants
hospital-icon
Hospitals
airport-icon
Airports
Reset

More properties

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

You can see more supermarkets for sale in North Rhine-Westphalia elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this supermarket
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