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Commercial property 7 400 m² in Riga, Latvia

Latvia, Riga
€4,50M
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Commercial property 7 400 m² in Riga, Latvia
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  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga

Property characteristics

Property parameters

  • Total area
    Total area
    7 400 m²

Description

Latvia Riga Shopping Center ( 8% per annum ) Large, famous shopping center in the center of Riga. More than 50 tenants Land area: 7000m2 Building area: 7400m2 All premises are leased. Lease agreements with large companies are concluded for a period of 5 years with an extension, with small tenants - for 1 year with an extension. The average rental price is 1m2: 4 € All tenants are permanent. Profitability from rental in the year ( data for 2019 ): 8% Price: 4 500 000 € Investor and his family are entitled to receive VNZH  
Updated at: 03/11/2023

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Latvia, Riga
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Commercial property 7 400 m² in Riga, Latvia
Latvia, Riga
€4,50M
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