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BILLA, Vienna

Price € 1 490 000
ID vi419464
Convert currency $£R
<!--BILLA, Vienna – -->property, Austria – photo 1
BILLA, Vienna
  • Country: Austria
  • Product type: commercial
  • Area: 598 m²

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Property details

The property is centrally located on Liniengasse in the 6th district within the Viennese inner-city Gürtel. It has a great accessibility and visibility from the street and the crossing around the corner. The area is very densely populated with plenty of residential and office buildings in the vicinity. No direct competition of full-sortiment supermarket under 10 minutes walking distance. There are no available land plots so the risk of competition entering the area is rather low. It is also one the wealthier Viennese districts with high purchasing power per capita. There are three subway stations within the walking distance (Westbahnhof, Gumpendorfer Straße, Margaretengürtel). The supermarket is situated on a ground floor of a capital building. The other floors are for apartments and offices.

Anchor Tenant - Billa AG
Lease Area – 598 m2
Monthly Rent/m2 - €10,71
Total Annual Rent - €76.855
Base Yield – 5,16%
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