Description
For sale shopping center with anchor tenant in Leipzig!
The object is located in the sleeping area of Leipzig and is the main shopping center in the city's infrastructure.
Anchor tenant - NORMA, lease agreement from 1994 to 12/31/2023, not including extension options.
The total duration of leases for all tenants is 5.8 years, without the right to terminate.
Leipzig is the largest city in the state of Saxony. The population is about 550 thousand people. The city is located at the intersection of major German highways (A9, A14, A 38).
One of the most important areas of Leipzig's economy is the automotive industry - BMW and Porsche plants are located in the north of the city.
There is also a representative office of DHL, which is actively using Leipzig / Halle airport for departures to Brussels, Kirow Ardelt AG, a company producing construction cranes, as well as Spreadshirt, Unister, Siemens, TAKRAF and Verbundnetzgas.
Specifications:
Plot area 7.562 m2
The area of the property is 2.220 m2
Year Built 1994
Year of modernization 2017
Number of parking spaces 117
Leased out
Commercial units 6
Leased area 2.220 m2
Rental income per year 176.778 €
Return on investment 7.07%
We provide additional information upon request.