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Supermarket in Frankfurt with a 6% yield

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Supermarket in Frankfurt with a 6% yield

1,500,000 €
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Total area: 1,500 m² Yield: 6.0%
  • Land area: 4,907 m²
  • Built in 1980

It is a supermarket in Frankfurt.

Description

The supermarket area of 1,500 m² was built in 1980. Plot has area of 4,907 m².

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

There is a parking for 60 places.

Financial performance

Absolute income is 114,000 €.

The current yield of 6%.

Tenants

Tenant is a major retail company NETTO.

The lease agreement is signed for until 2017.

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 €.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Frankfurt am Main
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