Supermarket in the suburbs of Freiburg, Germany

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Supermarket in the suburbs of Freiburg, Germany

4,440,000 €
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Total area: 998 m² Yield: 5.5% Built in 2003
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Features
  • Operating Incomе: 244,359 €
  • 1 floor
  • Occupancy: 100%
  • Number of parking lots: 51
  • Notary (state registration): 2.0%
  • Acquisition tax: 5.0%
  • Broker: 3.6%

A retail units on the ground floor of the building.

Description

Total area of the supermarket is 998.4 m².

The trade area is 797.7 m².

The warehouse area on the ground floor is 17.5 m².

The warehouse area in a basement is 286 m².

The area of the a commercial premises is 78 m².

The cost of the property includes a parking for 44 cars and an underground garage for 7 cars.

The building was built in the end of 2003.

Financial performance

Absolute annual income is 244,359 €.

The current yield of 5.5%.

Tenants

The anchor tenant is a supermarket chain (the lease agreement is valid through 2027).

The tenant of the commercial premises is a post office (the lease agreement is valid through 31/12/2019).

According to the lease agreement, tenants pay operating costs.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5.0%.

The brokerage fee is 3.57%.

Location and nearby objects

The supermarket is located in the central part if the city in the suburb of Freiburg

More properties

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Enquire about this supermarket
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 1.5% annually
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