It is a supermarket for sale in a town north of Stuttgart with a population of more than 10,000 people.
Description
The total area of a single-storey building is 1,148 m².
The plot of 4,335 m².
The mall was constructed and commissioned in 2014 and now is in excellent condition. The roof has solar panels installation.
There is a parking for 78 cars.
The property is fully leased out to several tenants.
Financial performance
Absolute income is 139,860 €.
The current yield of 6%.
Tenants
The anchor tenant is the grocery chain Norma.
Norma owns more than 1,300 supermarket in central Europe. The annual income is more than € 6 billion.
The lease agreement is valid until 2026 with extension options for 1x1 and 6x3 years.
Transaction costs
Notary fee of 1,5%.
RE purchase tax of 5%.
The broker's fee of 3%.
