It is a supermarket in a town with a population of more than 10,000 people in Northern Baden-Württemberg.
Description
The total area of a single-storey building is 1,060 m².
The plot of 3,570 m².
Supermarket was built in 2010 and now is in excellent condition.
There is a parking for 34 cars.
The property is fully leased out to a major tenant.
Absolute income is 119,700 €.
The current yield of 8%.
The tenant is a clothing chain AWG, founded in 1969.
The company has more than 3,500 branches in Germany and its annual turnover exceeds € 300 million.
The lease agreement is signed for 12 years until 2022 with extension options for 3x5 and 1x5 years.
Notary fee is 1,5–2%.
RE purchase tax of 5%.
The broker's fee of 4%.
The property is located in the southern part of the town, close to other shops and supermarkets.
There is a regional highway nearby.
