Description
URGENT SALE!The object is the main shopping center in the infrastructure of the city. Anchor tenant NORMA, lease agreement from 1994 to 31.12.2023, not including renewal options. The total duration of lease agreements for all tenants is 5.8 years, without the right of termination. There is an approved financing of 1.200.000€ at 1.75%, the rate is fixed for 5 years.Location:The object is located in a residential area of Leipzig. Leipzig is the largest city in the federal state of Saxony. The population is about 550 thousand people. The city is located at the intersection of the most important highways in Germany (A9, A14, A38). One of the most important areas of Leipzig's economy is the automotive industry - BMW and Porsche factories are located in the north of the city. There is also a representative office of DHL, which actively uses Leipzig/Halle airport for departures to Brussels, Kirow Ardelt AG, which produces construction cranes, as well as Spreadshirt, Unister, Siemens, TAKRAF and Verbundnetzgas.Return on investment: 9.17%Land area: 7,562 sq. m.The area of the object: 2,220 sq. m.Year of construction: 1994Year of modernization: 2017Number of parking spaces: 117Commercial units: 6Rental area: 2220 sq. mRental incomeRental income per year current: €176,778 Rental income per full year: €176,778 Current yield: 7.07%The profitability is complete: 7.07%