Ready rental business
Address: shopping center «Gurman», 20, Bulvar Engelsa, Volgograd.
Object 1. Building, total area: 5,598.5 sq.m., purpose: non-residential, name: shopping center building, number of storeys: 3, including underground: 1, cadastral number 34:34:080083:869.
Object 2. Land plot, area: 2,914 sq.m., category of lands: lands of settlements, type of permitted use: for operation of building of shopping center, cadastral number: 34:34:080083:7.
District shopping center, year of construction: 2007. Total area of spaces: 5,598.5 sq.m., including leasable area - 3,701 sq.m. Number of elevators: 1, the number of escalators in the shopping center: 2. Parking: for 25 cars.
Environment and transport accessibility
Neighborhood is represented by a populated neighborhood, next to the office of the Savings Bank, McDonalds, many retail outlets, catering facilities.
- to the stops of public transport - 2-3 min.;
- to the railway station - 31 km.;
- to the airport «Gumrak» - 45 km.
Shopping center is located at a busy intersection of Bulvar Engelsa and Prospekt Geroev Stalingrada in the Kirovsky district of Volgograd city. It is a district shopping center surrounded by residential buildings and institutions. The object is 97% occupied by tenants. The key tenants are supermarket «Pyaterochka» (OOO «Agrotorg»), «M-Video», «Adamas». There is a food court. Also in 2022 there will be a store of «Familia» brand.
With the existing rental flow the payback period of the project will be 8-9 years. Since the mall has a permanent tenant mix and there are large federal players with long-term lease agreements, it is easy for investors to calculate the benefits of their investments.
The trend of the last two years showed that it is the shopping centers of the district scale that are less dependent on the economic and social changes due to a more flexible policy of work with tenants and the established steady flow of customers from the local community.
Existing restrictions (encumbrances):
- Mortgage, agreement No. 20-129-0000/1 on mortgage dated 29.12.2020 with Commercial Bank «Kuban Credit» Limited Liability Company (CB «Kuban Credit» Ltd»), valid from 11.01.2021 to 29.11.2030.
- Short-term and long-term leases. More detailed information in the information message on the auction.