Commercial in Dresden

€ 35,500,000

Description

A large shopping center is being sold in Saxony, Germany.

The shopping center includes 40 commercial premises, 5 of which are currently vacant. The remaining 35 are in rent and bring a stable income.
A large tenant is the Kaufland supermarket chain. There is a parking for 420 seats.

Area: 16,879 m²

Current annual rental income: 2.346.085 €
Current profitability: 6.61%.
Total annual rental income: 2.401.542 €
Total profitability: 6.77%.

Additional information is available upon request.


Property details

Floor
3
Number of premises
40
Currently functioning
1
Ownership type
Proprietary
Payback period
14
Year of construction
1999

Location

Dresden

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