General data
Price | €6 400 000 |
ID | 316 |
Year built | 2002 |
Floor | 1 |
room | 15 |
Yield | € 7.5 |
estate agent | 5% |
See pdf |
Object Description
To sell shopping arcade in Reinickendorf. Attractive Location: Berlin is in accordance with the city ranking in 2015 and 2016 by the Urban Land Institute (ULI) and PwC, the city with the best Investment prospects in Europe - The object is located in the District of Reinickendorf and is part of the eponymous administrative district in the North-West of Berlin - The street on which the property is located, has established itself as a strong trading position of the part of the city for decades - The Passage is located in the busiest piece of road and acts as a retail and district centre of Berlin-Reinickendorf Excellent Property: - Established, single-storey shopping arcade with 15 Shops in round 2.300m2 sales area - Large Parking space supply with more than 70 free Parking spaces - Very good public TRANSPORT connection due to direct proximity to the metro Station (2min walk) and a busy bus stop directly in front of the Passage Long-term, secure rental income: - 100% occupancy rate - 15 years lease (2030) mitzzgl. 2 x 5 years 1 x 3 years option to extend - Strong interest in well-known tenants at the location - Healthy Mix of chain stores, such as Kaiser's, and regional providers - WALT 8,3 - Sustainable and stable MietniveauvonØ 17,3€/m2 Great potential through densification: - Densification potential due to an increase of 2 full storeys and a penthouse on top (approx. 1,700 m2 more surface area) - Adaptation to surrounding buildings - Number of Parking spaces remains the same If you are interested, we can provide you more information.