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Trading center "Kauguri"

Latvia

73%

€6.200.000

Mixed use

#17184

Core+

22 Dec 2024

Property Details

Owner

For sale

7,810 m²

Leasable area

793 €/m²

7.00 %

Freehold

X

Fees

Investment Overview

Shopping center for sale (7810 sq/m) with a land plot (23847 sq/m) in the fastest growing and densely populated area of Jurmala microdistrict Kauguri in Latvia. The shopping center is conveniently located, it is surrounded by public transport stops, and there is a highway with a modern interchange nearby. Transport accessibility and customer traffic in stores is high. The shopping center building is two-story, built in 1985. Reconstruction has been carried out. Gas heating. There are convenient parking spaces on both sides of the center. The shopping center is fully stocked with shops. The average area of rented premises is up to 40 square meters. The average rent for tenants is 15 euros per square meter. The Kuaguri shopping center is an excellent investment in retail real estate in Latvia with a quick payback period.