Shopping center in the suburbs of Dusseldorf, North Rhine-Westphalia, Germany

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Shopping center in the suburbs of Dusseldorf, North Rhine-Westphalia, Germany

14,500,000 €
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  • Yield
    6.0%
  • Rental rate (m²/month)
    21 €
  • Built in 
    2014
Details
Property parameters
  • Leasable area: 3,381 m²
Financial performance
  • Annual income: 869,355 €
Tenants
  • Occupancy: 90%
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0% + VAT

Shopping center in 10 km from Düsseldorf.

Financial performance

The absolute annual income is 869,355 €.

Current yield is 6%.

Tenants

All spaces are leased with the exception of the space of 33 m².

Anchor tenants are:

  • a chain store of fashionable clothes
  • one of the largest pharmacy chains in Europe (more than 3000 pharmacies)
  • shop of goods at fixed prices
  • optics

WAULT: 7 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6,5%.

The brokerage fee is 4% + 19% VAT (in total 4.76%).

Location and nearby infrastructure

The property is located in 10 km from Düsseldorf, in a city with the population over 80,000 people.

There are offices of such large companies as Asus, Easycash, Hewlett Packard, SAP, Sun Microsystems oder Vodafone.

Düsseldorf is the administrative center of the federal state of North Rhine-Westphalia. The population of the city is more than 610,000 people. An increase in the city’s population to 645,600 is projected by 2030.

Düsseldorf is one of the most economically developed cities in the Rhine-Ruhr region due to its location in the center of the largest metropolitan area, the presence of the rd largest international airport in Germany and the exhibition center.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Düsseldorf.

All ads in the country: shopping centers for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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