Shopping center in Germany, Munich, 1184 sq.m. For Sale

Munich, Germany
1 421 400 €
1 200 € / sq.m.
Shopping center in Germany, Munich, 1184 sq.m.
  • Area: 1184 sq.m.
  • Plot Area: 5564 sq.m.

Description

building area: 1184 m
plot size: 5564 m
number of Parking spaces: 80
tenants: Penny Markt, Pro shop electronics and appliances and a specialist meat shop
lease agreement: March 2022 and June 2023
option of renewal: 5 x 3
Net income: 106. 800,- Euro per year
Yield: 8. 9 percent
Price: 1. 200. 000,- €

The facility is located in a major city, in a busy location next to residential neighborhoods and a major road intersection that provides a constant flow of customers. Public transport stops are also nearby and within a few minutes easily and quickly reachable on foot.

 

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