Commercial center with office and retail premises.
Description
The total area of the property is 73,000 m²
The comercial center consist of several buildings, which were built in the period between 1960 and 2001. Buildings are in good condition.
At the moment, a coomercial unit with the area of 10,000 m² are vacant.
The purchase price of the center includes a parking 182 cars.
Absolute annual income is 4,500,000 €.
The current yield of 8.5%.
Anchor tenants are large technology companies.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The broker's fee of 3%.
The commercial center is located in the developing city with the population of more than 100 thousand people, in the state of Baden-Wurttemberg.