Supermarket Netto, Brandenburg, Germany

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Supermarket Netto, Brandenburg, Germany

2,200,000 €
2,000 € /m²
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  • Total area
    1,100 m²
  • Yield
    6.0%
  • Built in 
    2009
Details
Property parameters
  • Land area: 5,000 m²
  • Number of parking lots: 60
  • 1-floor building
Financial performance
  • Annual income: 132,017 €
Tenants
  • Fully let
  • End of lease: 2028
Property status
  • Most recent total renovation: 2018
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 6.0% + VAT

Supermarket with a famous retail chain Netto as a tenant.

Description

A complete reconstruction of the building and parking was carried out in 2018, as well as the renovation of the entrance area with the facade in accordance with the current corporate design of NETTO.

Heating system: natural gas.

Financial performance

The absolute annual income is 132,017 €.

The current yield of 6,0%.

Tenants

The tenant is a large supermarket chain Netto Marken-Discount with more than 400 stores in 5 European countries. The company employs more than 7 thousand employees.

A lease agreement is valid for 10 years + extension options 3x5 years.

Transaction costs

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

Acquisition tax is 6,5%.

Brokerage fee is 6% + VAT 19% (total 7,14%).

Location

The property is located in the suburb of Berlin with the population of about 10,000 people.

The presence of the federal highway and railway communication with Berlin makes the region attractive for buying both residential and commercial real estate.

Large employer-companies of the town:

  • one of the leading suppliers of integrated logistics services for consumer goods and industry, with a staff of approximately 185 people
  • large warehouse of the famous European supermarket chain, numbering 150 employees

The supermarket is located on the main street of the town in the center of a new residential complex with multi-family houses and 2 schools. The bus stop is in 450 meters away, to the regional railway station — about 5 minutes drive.

The distance to Berlin and Potsdam is about 50 km.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Brandenburg.

All ads in the country: supermarkets for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
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