It is a supermarket investment in one of the towns in Northern Bayern with a population of more then 5,000 people. Description
The total area of the supermarket is 1,430 m².
The property is brand new, it has been constructed and put into operation in 2016.
There are 70 parking spaces.
Supermarket is fully leased out to three tenants.
Absolute income is 168,682 €.
The current yield of 6,9%.
The anchor tenant is Netto, a subsidiary of Edeka Group, founded in 1984.
Netto has more than 4,000 branches throughout Germany, its staff exceeds 70,000 employees. Company's annual turnover exceeds €11 billion.
The lease agreement is signed for 15 years until 2031 with extension options for 3x5 years.
The other tenants are non-alcoholic beer store and confectionery.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 5,36%.
The property is situated on the federal higway in a residential area near the city center.