Parking for 80 cars.
Financial performance
The current rental income is 102,571 €.
The expected rental income is 116,431 €.
The current yield is 7.07%.
The expected yield is 8.03%.
Tenants
83% of the property is let. The anchor tenant is a well-known German supermarket chain with several hundred grocery stores in Germany.
The tenancy contract has been concluded till 2032.
Two units of 150 m² and 180 m² are vacant.
Location and nearby infrastructure
The property is located in the federal state of Saxony-Anhalt, in a town with a population of about 10,000 people.
Saxony-Anhalt is a state of Germany, bordering the states of Brandenburg, Saxony, Thuringia and Lower Saxony. Saxony-Anhalt is renowned for its rich cultural heritage and possesses the highest concentration of UNESCO World Heritage sites in Germany.
