Partially rented commercial investment with development potential | 2,977 m² | Purchase price per m² | Yield up to 12.4%

Commercial investment with up to 12.4% yield potential – around 2,977 m² in Traun Park Wels

--> A partially rented commercial property with ongoing rental income and high profit potential.

For sale is a versatile commercial unit with a total usable area of approx. 2,976.9 m² in Traun Park Wels – an established business, shopping, and service center in the heart of Wels.

The property already combines ongoing rental income with significant profit potential. By leasing the currently vacant retail spaces, the yield can be increased from currently approx. 4.9% to around 12.4%.

Investment at a glance

• Total usable area: approx. 2,976.9 m²
• Already rented: yes, partially to a long-term tenant
• Vacant retail space: approx. 1,778 m²
• Purchase price: € 1,470,000
• Purchase price per m²: approx. € 494
• Annual net rental income actual: approx. € 71,660
• Annual net rental income target: approx. € 182,400 (when leasing the vacant spaces at sustainable € 5.50/m²)
• Actual yield: approx. 4.9%
• Target yield: approx. 12.4%

Property description

• The commercial unit is currently divided into three independent usage units.

Part of the spaces is already rented long-term to a company, ensuring secured rental income. The rented areas have their own street access and include sales areas, offices, meeting rooms, social rooms, sanitary and changing rooms, as well as a storage or workshop area of around 240 m².

The currently vacant retail space comprises around 1,778 m² on the ground floor and partially on the first upper floor.

The extensive infrastructure of a former supermarket is still available. This includes among others cooling and freezing rooms, cooling furniture, and fresh counters. Thus, the area is suitable for a renewed use in food retail as well as for numerous other retail and commercial concepts with manageable adaptation effort.

The equipment of a former café is also still available and opens up additional usage possibilities.

Your advantages as an investor

• Ongoing rental income from existing long-term tenant
• Significant profit potential through leasing of vacant spaces
• Purchase price of around € 494 per m²
• Yield increase to up to 12.4% possible
• Flexible usage options
• Established commercial and service location
• Renovated common areas
• In-house underground parking
• Very good accessibility and infrastructure
• The location / The site

Traun Park Wels is one of the established commercial and service locations in the Welser city center and borders directly on the old town.

The balanced mix of uses from retail, services, offices, hotel, and around 50 residential units ensures sustainable frequency and makes the location attractive in the long term. An in-house underground garage as well as excellent accessibility by public transport and individual traffic offer the best conditions for tenants, customers, and investors.

Expansion opportunities for investors

• --> Upon request, further already rented commercial units in Traun Park Wels can be purchased.