New retail complex with two well-known chain tenants and long-term leases.
Description
Complex with a leasable area of 729 m²:
- 389.4 m² chain store of cosmetics and household goods;
- 339.4 m² chain electronics store.
There is an outdoor parking for 16 cars.
The annual income is 123,000 €.
The yield is 7.1%.
The property is fully let.
The first tenant is a popular retail store chain that sells cosmetics, healthcare items, household products and food. The lease agreement is valid for 3 years with extension options of 2x3 years.
The second tenant is a well-known electronics store chain. The lease agreement is valid for 5 years with extension option of 1х5 years.
Lease: NNN Lease.
Notary (state registration) is 0.5 – 1%.
Brokerage fee is 6%.
The supermarket is located near the large grocery store in a residential area of high density housing with a well-developed infrastructure. The public transport stops, schools and kindergartens are situated close to the property. The city is one of the biggest cities in Upper Silesia Region, one of the most important industrial centers of Poland. The population is more than 120 thousand people.