- 27,285,000 €
- 4.7% yield
- Lower Saxony Mixed-use building 1,300,000 €
- Basic parameters
- Photo
№ 2,342,007
Business centre 2,800 m² in Lower Saxony
1,300,000 €
464 € /m²
- Total area 2,800 m²
- Yield 7.11%
- Lease term 2049
- Constructed 2001
Key project parameters
- Leasable area
- 2,300 m²
- Total area
- 2,800 m²
- Constructed
- 2001
Project description
Supermarket and DIY store with chain tenants in Lower Saxony.
Tenants
- Agreement
- Yes
- End of lease
- 2049
82% of the property is let.
The anchor tenant is a well-known German supermarket chain with several hundred grocery stores in Germany.
The tenancy agreement has been concluded till 2049 (without the right of termination till 31.12.2033).
The second tenant is a chain DIY store with several hundred branches in Germany.
The tenancy agreement has been concluded till April, 2028 without the right of termination with 2x5 years extension options.
A unit of about 500 m² is vacant.
Financial performance
- Yield
- 7.11%
The current rental income is 92,480 €.
The expected rental income is 110,264 €.
The current yield is 7.11%.
The expected yield is 8.48%.
Location and nearby infrastructure
The building is located in Lower Saxony, in a town with a population of about 9,000 inhabitants.
Lower Saxony is situated in northwestern Germany. It is the second largest state and fourth largest in population (7.9 million). Lower Saxony's major cities and economic centres are mainly situated in its central and southern parts.
More properties
If this ad doesn't suit you, have a look at the other shopping centers for sale in Lower Saxony.
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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.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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