Commercial property in Dessau, Germany, 3 789 sq.m

A specialized shopping center is proposed, consisting of two one-story trading floors connected by a covered walkway. The Ullmann Physiotherapy Center is located in a third separate building. In total, approximately 3,748 m² of retail space is offered for rent, which is distributed among 13 tenants. The area of approximately 15,568 m² has 150 parking spaces for cars of clients and employees of the center.

The anchor tenant of the facility is discounter Edeka NP. Also a long-term tenant is textile discounter KIK. Other tenants with high credit ratings include Mäc Geiz and TEDi. Other attractive shops are leased to a variety of individual tenants. The rental area of approximately 278 m² is currently empty, so rental income could be further increased if the property is re-let. Location: The city of Dessau is part of the independent city of Dessau-Rosslau and, as a result of the merger, after Halle (Saale) and Magdeburg, it became the third largest city in Saxony-Anhalt and, in terms of population, one of the three main centers of the federal state of Saxony-Anhalt . The next largest metropolitan areas are Halle, located approximately 40 km to the southwest, Leipzig, 50 km to the south, and Magdeburg, 60 km to the northwest. The city of Dessau-Rosslau has approximately 85,000 inhabitants. The city of Dessau is known throughout the world for the Bauhaus, the Garden Kingdom of Dessau-Wörlitz and the Mosigkau Palace and Park. Mosigkau Palace and Park. The Damaschke center is located in the popular district of Törten, in the southeast of Dessau.

Return on investment - 8.5%

Rental income per year, current - 244,318 Euros