Germany
Berlin
Shopping center near the metro
A large shopping center near the train station and metro station
in the Neukeln district of Berlin.
Approximately 60 thousand people visit the shopping center daily.
Land area: 15400m2
Year of construction of the building: 2008
4 floors, parking for 215 places
Heating type: gas
Area for rent: 8500m2
Of the total area of the building, only 2.67% is not leased.
Tenants are well-known large retail chains, pharmacies, banks, restaurants:
Berliner Bank, Kaiser's with bakery,Netto Marken - Discount, Mac Geiz, dm Drogerie, Wolfsdorff Zeitungen und Tabakwaren, Atoll Apotheke, Ernstings family, Reno Schuhe, Takko Fashion, Hair Express, etc.
The terms of lease agreements are on average 10 years with extension options.
Rental income 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.
Under the condition of a loan, the return on your capital will be 18.5% per annum.
Price: 24 500 000€