Supermarket with a well-known chain tenant, Freiburg, Baden-Wurttemberg, Germany

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Supermarket with a well-known chain tenant, Freiburg, Baden-Wurttemberg, Germany

1,540,000 €
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  • Yield
    5.0%
  • Rental rate (m²/month)
    7 €
  • Built in 
    1992
Details
Property parameters
  • Leasable area: 900 m²
  • Number of parking lots: 15
  • 4-floor building
  • 1 floor
Financial performance
  • Annual income: 77,000 €
Tenants
  • Fully let
  • End of lease: 2024
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 5.0% + VAT

Supermarket with a well-known chain tenant in Freiburg.

Description

Commercial space of about 900 m² on the ground floor of a residential building.

Financial performance

The annual income is 77,000 €.

The yield is 5%.

Tenants

The property is fully let. The tenant is a German supermarket chain with over 4,000 grocery stores in Germany.

The lease agreement is valid until 2024 with the extension options 2x5 years.

Transaction costs

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

Acquisition tax is 5%.

The brokerage fee is 5% + VAT 19% (5,95% total).

Location

The supermarket is located in a residential area in the northwest of Freiburg (7 km) with well-developed infrastructure and good transport links.

The city of Freiburg, with a population of 230,000, is the economic and cultural center of a region with an interesting history and numerous attractions.

Baden-Wurttemberg is a land in the south-west of Germany, on the border with France and Switzerland. The region has a developed economy and represents a local industry hub for advanced technology and scientific research.

  • Property on the map
    Location right down to the building, street or city

Tranio helps to manage property after purchase

Our local team at Tranio in Germany will take up property management or recommend professional German partners.

The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.

Find out more
  • icon Property maintenance and insurance
  • icon Search for tenants, contracting, and control over rent collection
  • icon Arrangements for bookkeeping and tax advice

Сonstruction loan as an alternative to commercial property investment

Developers with a good track record that give warranties or procure a record in the land register.

There is no need to incorporate a legal entity or open an account in Germany.

No extra charges to maintain or operate the property.

Comparing a supermarket purchase with a construction loan

Investment vehicle
Supermarket
Construction loan
Yield per annum
5.0%
8—10%
Investment budget
1,540,000 €
from 300,000 €
Buying expenses
10—15%?
  • 1 – 1,5 % — lawyer
  • 2,3 – 3,2 % — notary and state registration
  • 3,5 % – 6,5 % — acquisition tax
  • 3-6% + VAT — broker's fee

Percentage of the property value

0—2%?

The expenses on an independent legal review of the project

Investment term
from 5 years
to 3 years
Risk level
Low
Moderate
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