Shop in city Cologne
11700.00 sq.m.

€ 10 500 000

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Germany. Cologne. Shopping center.
Investment property in Cologne, North Rhine-Westphalia, Germany - Shopping Mall.
The shopping center is located on the territory of the business Park, which is directly connected with interregional highway network.
Project description:
• 2 buildings constructed in 1990.
• 2 large tenant, both stores kitchen furniture. Leases through 2025 and 2020 (the latter will be extended when purchasing property)
• The total area under lease – 11 700 sq. m
• Plot size – 11 296 sq. m
• 160 Parking spaces for visitors
Financial performance:
• Cost: € 10 500 000
• Yearly income: € 652 738
• Yield of 6.22 %
• When you purchase the Commission is charged with investor: 3%
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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