Engel & Völkers
Umfeld Ladenfläche

Price reduction: Retail space in pedestrian zone

€2,950,000
  • ~411 m² Total surface
  • ~153 m² Rental Surface

Description

We are pleased to offer you Sendlinger Strasse 36, a retail space in an absolute prime location at a reduced price. The lively pedestrian zone of Sendlinger Strasse, one of Munich's strongest retail locations, impresses with its high footfall and diverse shopping opportunities. Here you benefit from excellent visibility and constant footfall. The space on offer is located in a residential and commercial building. It is divided into two areas: In the front building there is an already rented retail space with storage rooms, which offers a solid source of income. In the rear building, there is a currently owner-occupied retail space with additional storage rooms that can be used flexibly. The current tenant, ZURIGA, is a renowned Swiss manufacturer of coffee machines and underlines the attractiveness of this location. The retail space is located on the first floor of the building, which is divided into condominium units, while the storage space is located in the basement and on the second floor. In addition to the retail and storage areas, an archive on the 6th floor of the building also belongs to the part-ownership. This property not only offers an excellent location and visibility, but also a solid investment opportunity. Take the chance to become part of an absolute prime location in Munich. Investment Quick Check: Factor ACTUAL: approx. 36.2 Actual return (gross): approx. 2.8% Factor TARGET: approx. 21.9 Return TARGET (gross): approx. 4.6% 66529/RS-RL
Features
Basement
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Engel & Völkers München Commercial

Your advisor: Wiegand LL.M. Andreas

Property ID: OI-MUC-66529/RS-RL

Property details
  • Property type

    Store

  • Condition

    Part fully renovated

  • Total surface

    ~411 m²

  • Rental Surface

    ~153 m²

  • Commercial surface

    ~411 m²

Energy efficiency information
  • Construction year

    1977

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

  • Power consumption

    23.2 kWh/m²a

  • Final electricity consumption

    23.2 kWh/m²a

  • Final heating consumption

    156.8 kWh/m²a

  • Energy source

    Long-distance heating

Location: Old Town, Munich

Central location in Munich's old town: The rented retail space is located in Sendlinger Strasse, a top retail location in Munich's pedestrian zone. Between Marienplatz and Sendlinger Tor there is a large number of stores, including an attractive selection of international chain stores. Stores from brands such as Marc O'Polo, MAC Cosmetics, Motel a Miio, Swatch and Salomon can be found in the immediate vicinity. Thanks to its central location, the retail space is very well connected to public transportation. The Sendlinger Tor subway station (subway lines 1,2,3,6) can be reached on foot in around 2 minutes, while Marienplatz with its S-Bahn and subway connection (subway lines 3,6; S-Bahn main line with all lines) is just over 5 minutes away.

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Engel & Völkers München Commercial

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Provider:

Engel & Völkers Gewerbe München GmbH

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