Property Detail

Commercial Development Project in Berlin

Commercial Development Project in Berlin

Property type: existing retail unit + constructible surface
The proposed project is a development opportunity

Location: Berlin, Germany

The Project comprises:

   1) Existing building with:

   • Lettable area: ca. 900 m2
   • Anchor tenant: pet shop
   • Lease Agreement: until 2029 (+ renewal options 2x5 years)
   • Rental Income: 118,100 EUR per annum (+ indexation linked to inflation)

   2) Site area (ca. 5,000 m2) with:
   • a possibility of construction one or more buildings with a floor area of about 3,000 m2
   • type of use: commercial (retail / office / warehouse / industrial, etc.)

Purchase price: 2,900,000 EUR
(+ closing costs)

Property Contact

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http://www.brantstone.com/property/commercial-development-project-in-berlin-03133762 03133762 Commercial Development Project in Berlin