It is a new supermarket in one of the towns near Weimar in Thuringen.
Description
The new supermarket area of 2,406 m² was built in 2015.
The object is fully leased to various tenants.
Absolute income is 228,007 €.
The current yield of 7,4%.
Anchor tenant is a major retail company NETTO.
The lease agreement is signed for 16 years until 2031. The lease agreements with other tenants are signed for 5, 4 and 2 years.
Physiotherapy praxis rents space in perpetuity.
Facts about NETTO:
- NETTO is one of the major discount networks in Germany with an annual income of more than 10,000,000,000 €.
- NETTO belongs to Germany's largest retailer EDEKA Gruppe, which annual revenues exceeding 45,000,000,000 €.