Three commercial buildings.
Description
Total area of the property is 5,850 m²
Property consists of supermarket, office building and warehouse.
Office building was built in 1977 and extended in 1990. Supermarket was built in 2002.
38% of the area is leased out.
Financial performance
Absolute annual income is 480,000 €.
The current yield of 8.2%.
Projected absolute annual income is 473,438 €.
The projected yield of 9.6%.
Tenants
The anchor tenant is a supermarket chain.
The lease agreements are valid through 2022.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
Location and nearby infrastructure
The property is situated in the residential district of the city. There are a hospital, public transport stops and tram stations located in close vicinity from the property.
