New supermarket in Bayern

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New supermarket in Bayern

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Total area: 560 m² Yield: 7.0% Built in 2015
  • Absolute return: 57,096 €
  • Percentage of the rented area: 100%

It is a new supermarket in the outskirts of Nuremberg in Bayern.

Description

The new supermarket area of 560 m² was built in 2015.

The object is fully leased to KiK, the one of the largest retail companies in Germany.

The project of the property was created specifically for KiK.

Financial performance

Absolute income is 57,096 €.

The current yield of 7%

Tenants

Tenant is a major retail company KiK founded in 1994.

The lease agreement is signed for 10 years until 2025.

Facts about KiK:

  • KiK is one of the largest textile discount networks in Germany with an annual income of more than 1,000,000,000 €.
  • The company has more than 20,000 employees.
  • The total number of supermarkets exceeds 3,200.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Bavaria
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