Two detached buildings with retail premises.
Description
Total lettable area of the property is 2,630 m²
Area of the first building is 1,800 m²
Area of the second building is 830 sqm/
Buildings are situated on the same land plot with the area of 7,000 m²
The purchase price of the property includes a parking for 90 cars.
The property is under construction.
Absolute annual income is 348,000 €.
The current yield of 5%.
The anchor tenant is a supermarket chain. The lease agreement is signed for 15 years and includes extension options for 3x5 years.
The second tenant is a store chain. The lease agreement is signed for 12 years and includes extension options for 4x4 years.
Tenants pay the costs related with the maintenance of buildings.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The broker's fee of 3%.
The property is situated in the residential area of the city. The population of the city is about 30 thousand people. There is a railway station located within few minutes drive from the property.