New shopping mall with long-term tenants in Romania
7 500 000 €
1 452 € per m2
Area
5165 sq. m
Building levels
1
Property parameters
Property type
commercial properties, shop
Market
primary
Area
5165 sq. m.
Plot area
15804 sq. m.
Year of build
2023
Levels totally
1
Location
Seller did not provide the location of the object so you can see the map of the region
Detailed description
New shopping mall, inaugurated in August 2023, with 100% occupancy and long-term tenants, is a first-class investment.
Shopping mall has 7 tenants, which do not compete with each other, making the whole project functional on long term.
Enjoy the security of long-term leases with a guaranteed income:
The lease agreement with the main tenant has been concluded for 10 years until August 2034, having the option to renew the lease for the following 5 years upon expiration of the initial lease.
Lease agreements with other tenants are concluded until August 2028, having the option to renew the lease for the following 3 + 3 years upon expiration of the initial lease.
HCPI rental adjustments yearly for all lease contracts, offering investors a great hedge against inflation.
Tenants are responsible for all costs related to property insurance, maintenance of the ventilation system and common areas, utility bills and property tax.
The shopping mall's prime location in the south of Romania ensures a good flow of visitors from all around, also from the neighbouring Bulgaria.
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