• Established shopping centre
• Medium term leases
• High yields of between 7.2% - 8.5%
• Fully tenanted
• Possible to increase rent up to 20%
• Great location

Year of construction: 1996/1997

Plot Sizes:

Goethestrasse 5a                      1,736 m2
Goethestrasse 5b                         737 m2
Goethestrasse 6, 7, 7a - 7b     10,417 m2
An der Thamsbruecker Str.           737 m2
TOTAL: 13.627 m2

Lettable Spaces:

Goethestrasse 5 + 5a + 5b    1,991.59 m2
Goethestrasse 6 + 7              3,973.00 m2
TOTAL   5,964.59 m2

Parking Spaces: 160 – 170

Min. lease terms: 5 years

Yield min/max: 7.2%-8.5%

Purchase Price: €8,199,174

Planning permission for an additional Retail premises to expand on existing land possible and currently under negotiation.