ID: 1353
House

Shopping center for sale Thuringia, Pößneck, Germany

You will love this shopping mall in Piesnek Thuringia federal land. The property consists of 4 premises which are rented by a large retail companies and a parking for 268 spaces

Year built – 1992

Total Area – 7,563 m2

 

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€3,950,000

You will love this shopping mall in Piesnek Thuringia federal land. The property consists of 4 premises which are rented by a large retail companies and a parking for 268 spaces

Year built – 1992

Total Area – 7,563 m2

 

Enquire about this Property

Additional Information DESCRIPTION

You will love this shopping mall in Piesnek Thuringia federal land. The property consists of 4 premises which are rented by a large retail companies and a parking for 268 spaces

Year built – 1992

Total Area – 7,563 m2

Land Area – 21,986 m2

Revenue from the rent – 322,572 per year

Rate of Return – 8.1%

Price - €3,950,000

The property is fully rented and generates positive constant income.

The shopping center is located in Piesnek in the east of Germany. There is the highway A9 Berlin-Munich located nearby. The population of the town is about 14,000 people.

If you are interested in other properties, you can leave a request on our web site. Our representative will contact you shortly to assist you and answer the questions you might have.

Do not miss a unique opportunity to have a shopping mall in Germany!

Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Status: Good
  • Location: Pößneck, Thuringia, Germany
  • Land Area: 21986 m²
  • Total Area: 7563 m²
  • Sale Price: €3,950,000

Financial Information

Price
€3,950,000
Rent Income per year
€322572
Rent Income per month
€26881
Profitability
8,1%
Payback
12,2 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6,5%%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company
Additional Information OTHER INFO

ATTRIBUTES

Land Area: 21986 m²
Total Area: 7563 m²
Year Built: 1992
Parking: Yes
Parking Spaces: 286
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