It is a new supermarket in Monchengladbach, North Rhine-Westphalia. Population more than 250,000.
The new supermarket area of 1,823 m² was built in 2015.
The object is fully leased to three tenants.
Absolute income is 244,734 €.
The current yield of 6,6%.
Anchor tenant is a major retail company NETTO.
The lease agreement is signed for 15 years until 2030. The lease agreements with 2 other tenants are signed for 10 years.
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 €.