ID: 1419
House

Shopping center for sale Berlin, Germany

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€2,620,000

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Additional Information DESCRIPTION

You will love this car showroom in Berlin, Weissensee district At the moment, the tenant is MAZDA with the lease until 2023.

Land Area –5,175 m2

Commercial Area – 5,175 m2

Revenue from the rent – €130,200

Rate of return – 4.97%

Price – €2,620,000

The Weissensee district is a formerly urban district since the establishment of Greater Berlin in 1920. Today, it is a part of Pankow borough. The main attraction of the area is Weissensee Lake with an adjacent park.

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Do not miss a unique opportunity to have a car showroom in Berlin!

 

Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Status: Good
  • Location: Pankow, Berlin, Berlin, Germany
  • Land Area: 5175 m²
  • Total Area: 5175 m²
  • Sale Price: €2,620,000

Financial Information

Price
€2,620,000
Rent Income per year
€130200
Rent Income per month
€10850
Profitability
4,97%
Payback
20,1 years
Installment
Mortgage

Purchase Cost

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

ATTRIBUTES

Land Area: 5175 m²
Total Area: 5175 m²
Floors in the building: 1
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