Supermarket in the suburbs of Freiburg, Germany

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Supermarket in the suburbs of Freiburg, Germany

4,600,000 €
3,377 € /m²
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  • Total area
    1,362 m²
  • Yield
    5.3 %
  • Built in 
    2003
Details
Property parameters
  • Number of parking lots: 51
  • 1 floor
Financial performance
  • Annual income: 244,359 €
Tenants
  • Fully let
Transaction costs
  • 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 1362.4 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 5.3%.

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 infrastructure

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

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in Germany.

You can see more supermarkets for sale in Freiburg elsewhere on our website.

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