ID: 1599
House

Shopping center for sale Saxony, Leipzig, Germany

Portfolio with 2 shopping centers in Leipzig

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€12,500,000
Portfolio with 2 shopping centers in Leipzig
Property for Sale in Riesaer Strasse, Leipzig, Saxony, Germany - Thumb
Property for Sale in Riesaer Strasse, Leipzig, Saxony, Germany - Thumb
Property for Sale in Riesaer Strasse, Leipzig, Saxony, Germany - Thumb
Property for Sale in Riesaer Strasse, Leipzig, Saxony, Germany - Thumb
Property for Sale in Riesaer Strasse, Leipzig, Saxony, Germany - Thumb
Property for Sale in Riesaer Strasse, Leipzig, Saxony, Germany - Thumb

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Additional Information DESCRIPTION
We are happy to offer you a portfolio with two shopping centers. First located in Leipzig, the second in Halle. In addition to the centers on the territory there are also shops selling garden tools. Both sites are located in well-visited places.
 
Shopping center in Leipzig:
 
It was built in 1992. The total area of 9 543 sq. m. The plot area is 25 351 sq. M. There is parking for 200 cars. Rental income per year 576,000 euros.

Shopping center in Galle:
 
It was built in 1990. The total area of 8 589 sq. m. The plot is 26,624 sq.m. There is parking for 330 cars. Rental income per year 216,000 euros.
 
Annual income from both objects: EUR 792,000
 
Monthly income from both properties: 66,000 euros
 
Profitability: 6,34%
 
If you are interested in other objects, you can leave a request. Managers of our company will contact you in the near future and provide you with the objects that match your request.
Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Location: Riesaer Strasse, Leipzig, Saxony, Germany
  • Land Area: 51,975 sq m
  • Total Area: 18132 sq m
  • Sale Price: €12,500,000

Financial Information

Price
€12,500,000
Rent Income per year
€792000
Rent Income per month
€66000
Profitability
6,34%%
Payback
15,8 years
Installment
Mortgage

Purchase Cost

Agency commission
7,14%%
Tax on the purchase
3,5%%
Services notary
1%%
Inventory
0,5%%
Rental services
Services of the management company
Additional Information OTHER INFO
FEATURES
Shopping Centers in Germany
Portfolio with 2 shopping centers
Commercial property in Germany

ATTRIBUTES

Land Area: 51,975 sq m
Total Area: 18132 sq m
Year Built: 1990
Parking: Yes
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