Other commercial property in Germany, Weidenthal in Weidenthal

Description

Object ID: 21468
Property type Apartment
Square 13480.00 m2
Bedrooms Studio
Price 9,400,000$
Buy online Details
Floors
Condition
Has furniture No
Has home appliances Yes
Building condition
Security
Conveniences Parking

Information


The proposed facility was built in 1992 and is still in excellent and very well maintained condition. When the object has a good management company (Center Management), the object is located on Max-Reger-Straße 16 in the city center on the pedestrian zone. The object has a modern architecture and a large, eye-catching light gallery. The tenants of the building are various shops, cafes, health insurance offices, lawyers, insurance companies, GOST (TÜF), auditors. Anchor tenant and magnet of this center since 1992 (Müller Drogerie), perfumery, cosmetics, household. goods and musical products, located on two floors. The lease agreement with Muller has been extended until 2027. Lease agreement with H&M until 2026. Terms of contracts for office premises and small areas from 2 to 4 years. The attendance of the center per day is from 6,000 to 8,000 people per day on average. The largest attendance during the holidays is 22,000 people a day.
The facility is located in the university town of Weiden, federal state
Bavaria (Weiden), with 45.000 inhabitants, which is the center of the region. AT
The Weiden region has about 257,000 inhabitants. Purchasing index
ability is 103.6. The city has excellent infrastructure (good parking situation and public transport (buses, regional trains).
Object data:
Land plot: approx. 3. 627 m² in the city center
Parking spaces: Underground parking
Year built: 1992
Squares:
Shopping gallery on the 1st and 2nd floor approx. 4. 030 m²
Large areas for visitors + WC approx. 1. 200 m²
Office space: approx. 3. 100 m²
Walkways and more: approx. 800 m² + 450 m²
Underground parking on two floors: 110 places approx. 3.900 m²
Total area: approx. 13. 480 m²
Rental condition: 100% leased
net rent
(net income
Excluding all expenses) 585.000 € per year
Cost: 9.400.000 €
Core ROI: 6.2%

Other commercial property in Germany, Weidenthal on the map of Weidenthal

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