Store in Bavaria

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Store in Bavaria

2,295,000 €
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Total area: 1,607 m² Yield: 7.6% Built in 2008
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Features
  • Absolute return: 173,950 €
  • Land area: 2,740 m²
  • Percentage of the rented area: 100%
  • Minimum owner's capital: 1,147,500 €
  • Number of parking lots: 103

It is a store in suburbs if Ingolstadt, Bavaria.

Description

Single-storey building with total area of 1,607 m² was built in 2008.

The plot of 2,740 m², however land isn't buyable until 2031.

The property is in good overall condition, it features a wide glass storefront and greenery on the roof.

There is a parking for 103 cars.

The store is fully leased out to a major company.

Financial performance

Absolute income is 173,950 €.

The current yield of 7,2%.

Tenants

Tenant is EDEKA Handelsgesellschaft mbH, trademark of EDEKA Group.

Edeka Group is the largest food company in Germany and has more than 4,100 branches.

Edeka Group annual profits exceed € 58 billion and the number of employees exceeds 250,000.

The lease agreement was signed in 2008, there extension options for 3x5 years.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Germany.

You can see more retail space for sale in Ingolstadt elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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