Supermarket Netto with long-term lease, Bavaria, Germany

Additional information is provided after the signing of an NDA

Supermarket Netto with long-term lease, Bavaria, Germany

2,380,000 €
2,087 € /m²
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  • Total area
    1,140 m²
  • Yield
    5.2 %
  • Rental rate (m²/month)
    9 €
  • Built in 
    2007
Details
Property parameters
  • Land area: 4,800 m²
  • Number of parking lots: 57
  • 1-floor building
Financial performance
  • Annual income: 124,800 €
Tenants
  • Fully let
  • End of lease: 2031
Property status
  • Most recent total renovation: 2016
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 3.5 %
  • Broker: 4.0 %

Supermarket Netto with long-term lease agreement.

Description

1-storey building with an outdoor parking for 57 cars. The total area of the building is 1,140 m².

Financial performance

The annual income is 124,800 €.

The yield is 5.2%.

Tenants

The property is fully let. The tenant is a German discount supermarket chain Netto with over 4100 stores in Germany.

The lease agreement is valid until 2031 with extension options of 3x5 years.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 3.5%.

Brokerage fee is 4% + VAT 19% (total 4.76%).

Location

The supermarket is located in a small town in Bavaria region. It is located right in the residential area being the only supermarket within walking distance reach for its local residents. Therefore this asset has an inherent investment attractiveness. Distance to Munich — 100 km.

Munich is the capital and most populous city of Bavaria, the second most populous German federal state. It is the third-largest city in Germany, after Berlin and Hamburg.

Bavaria has one of the largest economies of any region in Germany, and in Europe.

  • 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 Altötting elsewhere on our website.

Statistics in Germany

Price per m², €
4,962
Healthcare efficiency level
74
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
65
Index 65 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 4,962.39
Apartment in a bedroom community, m² 3,420.66
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.41
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.71
White bread, 500 g 1.29
Eggs, a dozen 1.84
Chicken fillet, 1 kg 7.35
Education Price, €
Kindergarten, per month 309.39
International school, per year 14,421.73
Health care index
Staff competence 76.94
Medical equipment 89.26
Research accuracy and completeness 75.75
Attitude towards patients 68.17
Security index
Crime rate 34.26
The risk of being robbed 32.33
The risk of car theft 31.76
The risk of break-in and property damage 43.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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