Package of five gas stations with long-term lease agreements.
Five frequently visited gas stations were built between 1994 and 2001.
All gas stations have a well-maintained appearance.
The annual income is (management and maintenance expenses not included),528,770 €.
The current yield is 8.1%.
The tenant is a well-known chain of gas stations, which operates about 600 stations throughout Germany.
Long-term lease agreements with extension options of 2x5 years have been signed.
Gas stations are located in the state of Saxony, within a radius of 150 km from each other.
Saxony is a federal land in the FRG, located in the east of the country. The capital city is Dresden. The population of the region is more than 4 million people.
The most important branch of industry is automobile with a share of 27% of all sales. It is followed by the metallurgical sector with a share of 13%, machine construction with a share of 12%, as well as electrical engineering/ microelectronics with a share of 11.6% of Saxony's industrial turnover.
Saxony is one of the main places in the automotive industry in Germany, here in the suburb of Leipzig is the Porsche plant.
Saxony is known in the world for its higher education institutions with long traditions and high status: Leipzig University, Dresden Technical University, Freiberg Mining Academy.
Saxony attracts numerous tourists with the presence of many world-class culture monuments, delightful natural landscapes, and a well-developed tourist infrastructure.