A supermarket with a large network tenant.
Total area of the supermarket is 1,037 m².
The area of a plot is 5,375 m².
There is a parking for 87 lots in the territory of the building.
The building was built in 2005.
It is possible to buy out a contiguous plot of 4,210 m² and expand the property.
Absolute annual income is 154,652 €.
The current yield of 8.9%.
The tenant is a large supermarket chain with more than 4,000 stores in Germany. The annual turnover of the company exceeds 12 billion €.
The lease agreement is valid through 2020.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
The brokerage fee is 6% + 19% VAT (in total 7.14%).
Location and nearby infrastructure
The supermarket is located in the north of Bavaria, in a town with a population of more than 20 thousand people.
There are a supermarket, a petrol station, a car wash and a gym withing walking distance from the property.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia.
In 2018 about 67% of the regional population worked in the service sector.
The average income hit 55,000 € per year.
Bavaria has the largest economic and scientific potential in Germany. It is in the lead in terms of economic growth.
Machine building plays the most important role in the economy of Bavaria. Well-developed industries also include electrical engineering, precision mechanics, optics, the production of medical equipment and the chemical industry.
Nominal GRP (gross regional product) of the state was about 625 billion €.
Tourism is one of the main sources of income in Bavaria. The annual numer of tourists exceeds 34 million.
The most popular places are the Bavarian lakes, the Alps, as well as the cities of Munich, Augsburg, Regensburg with their historical sights, museums, beer gardens, fairs and the famous Oktoberfest.