Parking for 265 cars.
The current rental income is 360,355 €.
The expected rental income is 426,505 €.
The current yield is 6.55%.
The expected yield is 7.75%.
The property is fully let to 4 tenants. The tenants are major German chain stores.
The anchor tenant 1 is a chain store with several hundred branches in Europe.
The tenancy contract has been concluded till 2042 with no right of termination until 2029.
The anchor tenant 2 is a well-known chain supermarket with several thousand branches in Europe.
The tenancy contract has been concluded till October, 2024.
The property is located in the federal state of Hessen, in the center of a town with a population of about 50,000 people.
Hessen is a state in the west-central part of Germany. Hesse is bounded by the states of Lower Saxony to the north, Thuringia to the east, Bavaria to the southeast, Baden-Württemberg to the south, Rhineland-Palatinate to the west, and North Rhine–Westphalia to the northwest. Its capital is Wiesbaden.
