ID: 1734
House

Shopping center for sale Hesse, Wiesbaden, Germany

Shopping center in Hesse. Profitability 6,22%

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€2,650,000
Shopping center in Hesse. Profitability 6,22%

Enquire about this Property

Additional Information DESCRIPTION
We would like to offer you a shopping center located in Wiesbaden (capital of Hesse). The object was built in 1998 on a plot of about 5,000 sq. m. and after recent modernization is in good condition. There is a private parking.
 
The shopping center was leased until 2029, the contract provides for extension options.
 
Price - 2 650 000 euros
Rental income - 165,000 euros per year
Profitability - 6,22%
 
Wiesbaden is a city in Germany, the administrative center of the federal state of Hesse. The second largest city of Hesse after Frankfurt. One of the oldest resorts in Europe, there are 26 hot and several cold thermal springs. Since 1905, when its population reached 100 thousand, it has been considered a large city. Currently, the population of the city is more than 275 thousand people.
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase a shopping center in Hesse!
Additional Information PROPERTY DETAILS
  • Type of Property: Shopping center
  • Property Type: Secondary market
  • Location: Wiesbaden, Hesse, Germany
  • Land Area: 5000 sq m
  • Sale Price: €2,650,000

Financial Information

Price
€2,650,000
Guaranteed rent
Rent Income per year
€165000
Rent Income per month
€13750
Profitability
6,22%
Payback
16,1 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

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
Shopping center with tenant in Hesse for sale
Shopping center with tenant in Germany for sale
Commercial property with tenant in Hesse for sale
Commercial property with tenant in Germany for sale

ATTRIBUTES

Land Area: 5000 sq m
Year Built: 1998
Parking: yes
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