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Supermarket in Baden-Wuerttemberg with a 7,3% yield

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Supermarket in Baden-Wuerttemberg with a 7,3% yield

2,856,000 €
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Total area: 1,879 m² Yield: 7.3%
  • Absolute return: 209,000 €
  • Land area: 5,400 m²
  • Built in 2012
  • 1-floor building
  • Renter: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 3.6%

It is a supermarket in one of the towns not far from Stuttgart.

Description

The supermarket area of 1,879 m² was built in 2012.

Plot of 5,400 m².

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

Financial performance

Absolute income is 209,000 €.

The current yield of 7,3%.

Tenants

Tenant is a major retail company NETTO.

The lease agreement is signed for 15 years until 2027 with an extension options for 3x5 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 €.

Transaction costs

The broker's fee of 3,57%.

Real Estate Transfer Tax is 5%.

Notary fee of 1,5%.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Baden-Wurttemberg
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