Shop in Germany, Oer-Erkenschwick, 6065 sq.m. For Sale

Oer-Erkenschwick, Germany
3 650 000 €
600 € / sq.m.
Shop in Germany, Oer-Erkenschwick, 6065 sq.m.
Shop in Germany, Oer-Erkenschwick, 6065 sq.m.
Shop in Germany, Oer-Erkenschwick, 6065 sq.m.
Shop in Germany, Oer-Erkenschwick, 6065 sq.m.
  • Area: 6065 sq.m.

Description

the Mall was built in 1978 and consists of 10 commercial spaces and 3 apartments. The anchor tenant since 1995, is the company Thomas Philipps, who has twice increased the amount of leased space. In addition to this company, tenants are KiK, Askania, a large animal hospital and dancing school, an agreement which is valid until the end of 2026, as well as a small furniture store, a sports Studio and a café. A total of 97.8% of the space is being rented. On site there are 174 Parking spaces.

Total area: 6 065 sq. m.
Living area: 389 sq. m.
Commercial area: 5 676 sq. m.

Price: 3 650 000 Euro.
Rental income: 305 000 EUR.
Yield: 8,4%

the Mall is located in the South-East of the city on the street Hauptstraße. On the North and West borders with residential areas in the South with the industrial area to the East are 2 supermarkets. In General, we are talking about the main shopping district of the city.

OER-Erkenschwick is a city in North Rhine-Westphalia with a population of over 30,000 people. It is located in the North of the Ruhr region, inter-regional communication is made thanks to the nearby motorways A2 and A43.
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