Property Detail

Shopping Centre in Vienna for Sale, Lease Agreement Until 2032

Shopping Centre in Vienna for Sale, Lease Agreement Until 2032

Property type: shopping centre
Purchase of established rental business

Location: Vienna, Austria

Latest Renovation: 2016

Lettable area: ca. 10,100 m2
Plot size: ca. 13,400 m2

Car parking: 100+ spaces

Anchor tenant: large supermarket chain

Number of other tenants: 4

Lease Agreement ends: 2032
Possibility of renewal: YES
Rent Review: YES

Purchase price: 20,100,000 EUR
(+ closing costs)

Rental Income: 1,200,000 EUR per annum
(+ indexation linked to inflation)

Yield: 6.0%

Share Deal only:

• acquisition of the shares of the company that owns the property
• in case of Share Deal there is no obligation to pay property transfer tax

Property Contact

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http://www.brantstone.com/property/retail-real-estate-for-sale-in-vienna-austria-06023534 06023534 Shopping Centre in Vienna for Sale, Lease Agreement Until 2032