It is a new supermarket in one of the cities near Weiden in der Oberpfalz, Bavaria.
The new supermarket area of 1,530 m² has been built in 2016.
The object is fully leased to NETTO, the one of the largest retail companies in Germany.
Absolute income is 188,373 €.
The current yield of 6,9%.
Tenant is a major retail company NETTO.
The lease agreement is signed for 15 years until 2031.
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 €.