Shopping Center

8 000 000 €

NW-ID 5996
ROI - 6.38%
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LOCATION

Montabaur is a town in Germany, the district centre of Westerwald in Rhineland-Palatinate. Its population is 12,444. The town is also the administrative centre of the municipality of Montabaur, to which 24 communities belong. It is famous for Montabaur Castle and the Montabaur railway station on the Cologne-Rhine-Main High-Speedway. Montabaur is a nationally recognised tourist destination

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Property description

The shopping centre is located in the city centre. There are four tenants in the building, each of them large German chains with lease agreements until 2025-2034 without the right to terminate. Anchor tenants REWE occupies 2,497 m2 with a lease agreement until 2046, without the right to terminate until 2031, Fitness-Studio occupies 2,040 m2 with a lease agreement until 31.08.2034 without the right to terminate. Brokerage commission 6% excl VAT.