Brand new supermarket in Saxony-Anhalt

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Brand new supermarket in Saxony-Anhalt

3,520,000 €
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Total area: 1,968 m² Yield: 7.3%
  • Absolute return: 256,658 €
  • Percentage of the rented area: 100%
  • Street retail

It is a new supermarket in Halle, Saxony-Anhalt.

Description

The new supermarket area of 1,968 m² has been completed in 2016.

The object is fully leased various tenants.

Financial performance

Absolute income is 256,658 €.

The current yield of 7,3%.

Tenants

Anchor tenant is a major retail company NETTO.

The lease agreement is signed for 15 years until 2031. The lease agreements with 3 other tenants are signed for 10 years and with 1 another tenant rof 7 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 €.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Saxony-Anhalt
+44 20 3608 1267
Free advice on real estate in Saxony-Anhalt
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