Commercial center in Essen, Germany

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Commercial center in Essen, Germany

6,450,000 €
1,623 € /m²
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  • Total area
    3,974 m²
  • Yield
    6.9%
Details
Property parameters
  • Number of parking lots: 78
Financial performance
  • Annual income: 445,377 €
Tenants
  • Fully let
  • End of lease: 2028
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.5%
  • Broker: 3.0% + VAT

A building with commercial premises.

Description

The total area of the property is 3,974 m².

The building consists of 12 commercial and office units.

The price of the property includes a parking for 78 cars.

Financial performance

Absolute annual income is 445,377 euro.

The current yield of 6.9%.

Tenants

An anchor tenant is a large supermarket chain.

The lease agreement is valid until 2028.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6,5%.

The broker's fee of 3%.

Location

The property is located in North Rhine-Westphalia, in a city with a population of about 600 thousand people, in a prestigious area with developed infrastructure.

More properties

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

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

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    Marina Filichkina
    Marina Filichkina,
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