A shopping center with large network tenants.
Description
The building was built in 2000 and renovated in 2007.
Financial performance
Absolute annual income is 191,602 €.
The current yield of 8.3%.
Tenants
Tenants are:
- a large supermarket chain with more than 1,300 stores in 4 European countries — the lease agreement is valid until November 21, 2013
- a network of textile discounters with branches in more than 9 European countries — the lease agreement is valid until 25.08.2021.
- a beverage tore — the lease agreement is valid until 01.12.2032
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5.0%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
Location
The property is located in the federal state of Mecklenburg-Western Pomerania in a town with a population of more than 10 thousand people.
