+44 20 3608 1267
Supermarket in Berlin with a 6% yield

Photos available on request

Supermarket in Berlin with a 6% yield

1,750,000 €
Mortgage calculator
Submit request
Total area: 1,117 m² Yield: 6.0%
  • Absolute return: 105,600 €
  • Built in 1998
  • 1 floor
  • Renter: 100%
  • Most recent total renovation: 2014
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%
  • Street retail

It is a supermarket investment on the ground floor of the house in Berlin-Mariendorf. Description

The total area of the supermarket is 1,117 m².

The property was constructed in 1998. It was renovated in 2014 and now is in good overall condition, the tenant has invested 200,000 € in repair.

The property is fully leased out to anchor tenant.

Financial performance

Absolute income is 105,600 €.

The current yield of 6%.

Tenants

The anchor tenant is Kaiser's-Tengelmann supermarket chain, a subsidiary of the Tengelmann Group.

The company owns 550 supermarkets in three regions of Germany and employs about 17,000 people.

Kaiser's-Tengelmann annual turnover exceeds €2,5 billion.

Tenant occupies the area since 1998, the lease agreement is valid until 2019 with the extension option for 5 years.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 6%.

The broker's fee of 5,95%.

Similar listings

We are looking for similar ads

Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Berlin
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 1.9%