It is a new supermarket in one of the towns near Bad Waldsee in Baden-Wurttemberg. Population is about 20,000.
The new supermarket area of 1,498 m² has been completed in 2016.
The object is fully leased to EDEKA, the one of the largest retail companies in Germany.
The project of the property was created specifically for EDEKA.
Absolute income is 190,365 €.
The current yield of 6,4%
Tenant is a major retail company EDEKA.
The lease agreement is signed for 15 years until 2031.
Facts about EDEKA:
- EDEKA's market share is 26%.
- Annual revenue exceeds 50,000,000,000 €.
- More than 250,000 employees.
- More than 4,000 stores.