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Other commercial property in Germany, Berlin, 8500 sq.m. For Sale

Berlin, Germany
24 500 000 €
2 880 € / sq.m.
Other commercial property in Germany, Berlin, 8500 sq.m.
Other commercial property in Germany, Berlin, 8500 sq.m.
Other commercial property in Germany, Berlin, 8500 sq.m.
Other commercial property in Germany, Berlin, 8500 sq.m.
  • Area: 8500 sq.m.

Description

Shopping Mall next to metro station

Germany
Berlin
Shopping center near subway.
Large shopping centre close to train and metro station,
in the neukölln district in Berlin.
Approximately 60 thousand people visit the Mall daily.
Land area: 15400м2
Year of building construction: 2008
4 floors, Parking for 215 seats
Heating type: gas
Area leased: 8500м2
Of the total area of the building not leased to only 2,67%.
Tenants - known large retail chains, pharmacies, Bank, restaurants:
Berliner Bank, Kaiser's bakery,Netto Marken - Discount, Mac Geiz, dm Drogerie, Wolfsdorff Zeitungen und Tabakwaren, Atoll Apotheke, Ernstings family, Reno Schuhe, Takko Fashion, Hair Express, etc.
The lease terms an average of 10 years with options of renewal.
The income from rent per year: 1 680 000€
It is possible to get a Bank loan in the amount of 22 000 000€ at 2.5% per annum.
Subject to financing, the return on your capital will amount to 18.5%.
Price: 24 500 000€

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Details

  • Construction phase: Resale

Location

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