Description
The building with a total area of about 2,000 m².
Retail area — 1,200 m².
Plot area — 7,500 m².
There is a parking for 100 cars.
Completion — October, 2023.
The annual net income is 204,000 €.
The net yield is 5%.
The property is fully let. The tenant is a well-known German supermarket chain with several thousand grocery stores in Germany.
The lease agreement is concluded for 15 years with 3x5 years extension options.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The property is situated in the federal state of Brandenburg, in a town with a population of about 5,000 people. There is a beach, a restaurant and shops nearby.
Brandenburg is located in the northeast of Germany and has a population of 2.5 million residents, the fifth-largest German state by area and tenth-most populous.
Brandenburg surrounds the national capital and city-state of Berlin, which together form the Berlin/Brandenburg Metropolitan Region, the third-largest metropolitan area in Germany. It borders the states of Mecklenburg-Vorpommern, Lower Saxony, Saxony-Anhalt, and Saxony, as well as the country of Poland.
Potsdam is the state capital and largest city.