You will love this commercial building located in Adorf, Saxony free land. The property includes 7 commercial units with a parking lot for 125 cars.
Land area – 9 081 m2
Commercial Area – 2,260 m2
Price – €1,600,000
Revenue from the rent – €143,877 per year (up to €156,000 if fully rented)
Rate of Return – 8.99% (up to 9.75% if fully rented)
Year built - 1994-1998
The area near the buildings is paved with paving slabs.
Penny Markt is the main long-term tenant with the rental contract until 2025. Other tenants include a pharmacy, housekeeping store, insurance company, etc.
Additional features: Metal roof, double glazing windows, burglarproof doors, alarm system, motion sensors, and centralized water supply.
Adorf is a city in Germany. It is a part of the Vogtland area. The population is about 5,500 people. The property is located 5 km away from the southern outskirts of the town. The motorway #72 and #4 is 6 km away and the Jansdorf airport is only 5 km away.
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 commercial building in Germany!
- Type of Property: Shopping center
- Property Type: Secondary market
- Status: New
- Location: Adorf, Saxony, Germany
- Land Area: 9081 m²
- Total Area: 2260 m²
- Sale Price: €1,600,000