Shop in Koblenz

€ 1,275,000

Description

Investment retail facility in the vicinity of Koblenz

€ 1,275,000

1 299 m2 Object area

4 101 m2 Plot area

6.60 Profitability,%

84 474,84 € Rent, EUR

981,52 € Cost euro / m2

5,42 € Rent euro / m2

1989 Year of construction

Until 2023. Option
prolongation: 8 * 2
of the year. Lease contract

Description

Investment property in
around Koblenz

Shopping areas with top
tenants in miniature
a town near Koblenz

Leased area: 1135 m2

Main tenant: Norma - large
supermarket chain in Germany

Other tenants: family
activity park, bakery



Leasing free space
(164 m2) will allow using
full potential of the object and more
increase profitability more

The property is well maintained, not
requires additional investment

Micro position

Shopping areas are located in
lively place of the city next door
with other offices and shops,
such as a bio food store,
optics, mobile operator,
several doctor's offices.

Macro position

Koblenz is a city in the West of Germany, in
the federal state of Rhineland-Palatinate,
stands at the confluence of two rivers - the Rhine and
Moselle. The third most populous city
in federal state with a number of
tourist attractions.


Location

Germany • Rhineland-Palatinate • Koblenz


Property details

Floor
1
Number of premises
1
Currently functioning
1
Type of parking
Open
Ownership type
Proprietary
Payback period
6.6
Year of construction
1989

Location

Koblenz

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