Commercial (Shop) in City Center, Vienna for Sale

A shopping center for sale in one of the largest shopping areas in Vienna, with large and well-known chain stores and companies as McDonalds, OBI, Media Markt, Intersport, Möbelix, BP, Tedi, Renault, Müller, C&A, Pagro Diskont, Eurospar, Hervis, Conrad, Ikea and many others.

More than 700,000 people living in the north-eastern part of Vienna and they are regular customers and visitors to the shopping area.

At the moment, a project is ready. A long-term lease agreement with one of the world's largest retail chains has already been signed for 10 years. The number of its branches is more than 1500 worldwide. The network's annual turnover exceeds 11 billion euro.

Building: useful area about 3700 sq. m.

The lease contract is signed for 10 years with a guarantee of the group € 1.5 million Bank guarantee for 3 month rent.

• Rent: apx. 620,000 euros / year, from the fifth year about 663,000 euros / year.
• Opening: November 2020
• Yield: about 4.75% per year
• Type of deal: share deal / asset deal, terms as agreed by the parties.
• The construction / reconstruction permit has already been issued. At the same time, the General contractor provides a guarantee for construction work for several years in accordance with the law