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Retail 2 499 m² Keskusta, Iisalmi

Retail property 4 Floors

Address
Savonkatu 21
74100 Iisalmi
Area
2 499 m² GLA
2 499 m² GBA
Built
1979
Property identifier
-

Freehold lot

Building rights
1 100 m² Unused building rights
Plan symbol
KTY

21 Tenants

Occupancy rate
52 %
Lease maturity
0,2 years
Indicative price
1 880 000,00 €
NOI
68 141,28 €/ year
Initial yield
3,6 %

Location

City
Iisalmi Smaller_cities
District
Keskusta
Distance to CBD
0,3 km

Space types

GLA m² Avg. rent rates
€/m²/month
Retail 1 544 4,59
Other 73 11,12
Residential 882 7,60
total 2 499 7,81
Parking spaces
Total no. of spaces Leased spaces Rent €/space/month Income at current use €/year
Outdoor 32 0 0,00 0,00
total 32 0 0,00

Lease agreements

Tenants GLA m² Rent €/year
Until further notice 21 1 316 175 170,00
Vacant - 1 183 -
total 21 2 499 175 170,00
% (m²)
Until further notice
53 %
Vacant
47 %
% (€/y)
Until further notice
100 %
Leased (m²) 53 %
Vacant (m²) 47 %
Lease maturity 0,2 years
Rent M€/year

Information that requires an NDA

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  • Tenants and their credit ratings
  • Rent roll
  • Operating expenses breakdown
  • Renovation expense plan
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Valuation

Lease income
Spaces 175 170,00 €/year
Maintenance charges 0,00 €/year
Parking spaces 0,00 €/year
Total income 175 170,00 €/year
Operating expenses 107 028,72 €/year
Renovation expenses 0,00 €/year
Total expenses 107 028,72 €/year
NOI 68 141,28 €/year
Initial yield 3,6 %
Property value 1 880 000,00
Unused building rights 1 100,00
Building rights value 0,00
Total price 1 880 000,00

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