Commercial center, North Rhein-Westfalia, Germany

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Commercial center, North Rhein-Westfalia, Germany

17,500,000 €
2,003 € /m²
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  • Total area
    8,733 m²
  • Yield
    7.8%
  • Built in 
    2001
Details
Property parameters
  • Land area: 4,215 m²
  • Number of parking lots: 216
Financial performance
  • Annual income: 1,369,995 €
Tenants
  • End of lease: 2022
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0% + VAT

A detached building with retail and living premises.

Description

Total area of the building is 8,733 m²

The shopping center consists of a commercial unit and 12 apartments.

The building was built in 2001.

The purchase price of the property includes a parking for 216 cars.

Financial performance

Absolute annual income is 1,369,995 €.

The current yield of 7.8%.

Tenants

The anchor tenant is a large supermarket chain.

The lease agreement is valid through 2022.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

The broker's fee of 4%.

Location

The property situated in the Old part of the city. There are shops, banks, pharmacies and public transport stops located in proximity from the property. The population of the city is more than 60 thousand people.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in North Rhine-Westphalia.

All ads in the country: shopping centers for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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