- 27,285,000 €
- 4.7% yield
- Freiburg Supermarket 1,540,000 €
- Basic parameters
- Photo
№ 1,933,894
Supermarket in Freiburg
1,540,000 €
- Total area —
- Yield 5.0%
- Lease term 2024
- Constructed 1992
Key project parameters
- Leasable area
- 900 m²
- Number of parking lots
- 15
- Floors
- 4
- Floor
- 1
- Constructed
- 1992
Project description
Supermarket with a well-known chain tenant in Freiburg.
Description
Commercial space of about 900 m² on the ground floor of a residential building.
Tenants
- Agreement
- Yes
- End of lease
- 2024
The property is fully let. The tenant is a German supermarket chain with over 4,000 grocery stores in Germany.
The lease agreement is valid until 2024 with the extension options 2x5 years.
Financial performance
- Yield
- 5.0%
The annual income is 77,000 €.
The yield is 5%.
Transaction costs
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5%.
The brokerage fee is 5% + VAT 19% (5,95% total).
Location and nearby infrastructure
The supermarket is located in a residential area in the northwest of Freiburg (7 km) with well-developed infrastructure and good transport links.
The city of Freiburg, with a population of 230,000, is the economic and cultural center of a region with an interesting history and numerous attractions.
Baden-Wurttemberg is a land in the south-west of Germany, on the border with France and Switzerland. The region has a developed economy and represents a local industry hub for advanced technology and scientific research.
More properties
If this ad doesn't suit you, have a look at the other supermarkets for sale in Freiburg.
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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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