We are happy to offer you a shopping center located in the city of Gelsenkirchen (North Rhine-Westphalia). The object was built in 1960 on a plot of 2,600 sq.m. and after recent modernization is in good condition. There are own parking spaces.
The shopping center was leased for a long term until 2030 + options for renewal.
Price - 1 550 000 euros
The total area is 1 600 sq. m.
Rental income - 114,000 euros per year
Profitability - 7.35%
Gelsenkirchen is a city of land submission in western Germany, in North Rhine-Westphalia. Located in the northern part of the Ruhr area, part of the Münster administrative district. The population is more than 260 thousand people. At present, in Germany and beyond its borders, Gelsenkirchen is best known as the birthplace of the Schalke 04 football club. The largest cultural attraction can be called the Ruhr Musical Theater with a capacity of 1005 spectators.
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Do not miss the opportunity to purchase a shopping center in North Rhine-Westphalia!