• Sale of Commercial space rented to supermarket SPAR with 5% rentability! - pic.1

    Sale of Commercial space rented to supermarket SPAR with 5% rentability!

    Austria, Vienna
    Property ID:
    CR-20
    Building area, m²
    643
    Construction year
    2018
    Yield
    5.0 %
    Price
    € 3 740 000
    Property Info
    Property in operation
    Leased
    Property description

    Commercial space rented to supermarket/SPAR with 5% rentability!

    Total area: 643 m2 
    Year of construction: 2018 
    District of Vienna: 20th
    Construction right: 97 years 
    There are tenants with a refusal to terminate the contract until 2026. 
    Yield: 5% r.a 
    Purchase price: 3.740.000 € 
    Commission: 3% (excluding VAT)

    A commercial property with high profitability, which is located in a rapidly developing 20th district on a street with high traffic. 
    The premises are rented by a large supermarket chain Spar, which provides the owner with a stable and confident income. Lease agreement with refusal to terminate the contract until 2026.

    Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
    It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.

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