Shop in Germany, Leipzig, 5593 sq.m. For Sale

Leipzig, Germany
9 250 000 €
1 650 € / sq.m.
Shop in Germany, Leipzig, 5593 sq.m.
  • Area: 5593 sq.m.

Description

Your attention is presented a shopping center in Leipzig, Saxony.
Shopping center built in 1995 on a plot area of 9 826 sq. m. Shh. was carried out major repairs. The property consists of 29 rooms, including 2 apartments. There is a Parking with 100 places.
The anchor tenant is a supermarket chain EDEKA, the lease agreement was signed in 2010, 15 years + option for extension. Other major tenants are the salon of kitchen furniture Kuechenstudio (contract until 2025 + option of extension), electronics store (contract till 2026 + option of extension) and travel Agency (contract until 2023 + option of extension). The entire object is leased and brings a stable high income.
Size: 5 593 sq. m.
Price: 9 250 000 euros.
Rental income: Euro 615 565.
The profitability of 6.7%.

the Facility is located in Leipzig – the largest city in Saxony with a population of around 570 000 people. Famous for its University and fairs, Leipzig is an economic, cultural, scientific and transport center of Central Germany. Together with located 32 km West of Halle in Saxony-Anhalt, and Leipzig, it forms an urban agglomeration with a population of about 1.1 million people and is one of the most economically developed regions in Eastern Germany.

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