Three chain stores in a new shopping center.
Description
Total area of the property is 3,292 m²
Area of the first premise is 1,508 sqm, area of the second premise — 867 sqm, area of the third premise — 917 m²
All premises are leased out.
Absolute income is 432,148 €.
The current yield of 5.8%.
The anchor tenant is the largest supermarket chain in Germany. The lease agreement is signed for 15 years with extension options for 3x5 years.
The second tenant is large a large improvement store chain. THe lease agreement is signed for 12 years with extension options for 4x3 years.
The third tenant is clothing shop chain. The lease agreement is signed for 10 years with extension options for 3x5 years.
Notary fee of 1.5%.
RE purchase tax of 3.5%.
The broker's fee of 5.95%.
Commercial center situated in the central area of the city of Bavaria.