Mercury Group
Shopping center for sale in Saxony
- Germany, Saxony
- 0
- Germany, Saxony
- 0
Property description
A modern shopping center with numerous parking spaces, located in the city center. Tenants are various retail chains, such as TEDI, NKD with short-term lease agreements. Lease agreements with anchor tenant until 2037, until 10/31/2022 without the right to terminate. The tenant of TEDi is a large non-food German chain operator, with 2,100 branches throughout Europe.
The facility is located in a city in eastern Germany, in the Federal State of Saxony. The population is 8,500 people. The administrative centers of Saxony - Dresden, Leizig and Chemnitz - are 50 km away. Tourism is developed in the city - there are numerous hotels, shopping centers and various places for recreation. Also located here are factories of such international concerns as Rheinmetall - Gruppe and AL-KO.
Return on investment - 8.68%
Rental income per year total - 125.904 Euros
Basic parameters:
- Germany, Saxony
- 0
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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