It is a supermarket investment in a town near the Bavarian border with a population of less than 5,000 people. Description
The total area of a single-storey building is 1,062 m².
The plot of 5,892 m².
The supermarket was constructed and commissioned in 2010 and now is in excellent condition. The rooftop has a solar panel installation.
There is a parking for 72 cars.
The property is fully leased out to three tenants.
Absolute income is 114,514 €.
The current yield of 6%.
The anchor tenant is Edeka, the largest German supermarket corporation.
Edeka was founded in 1898, is employs more than 250,000 people. Annual revenue exceeds €45 billion.
The lease agreement is signed for 15 years until 2025 with extension options for 3x5 years.
The second tenant is a bakery, the lease agreement was signed until 2015 with extension options for 2x5 years.
The third tenant is the operator of the solar panels, the lease agreement is signed for 21 years until 2031.
Notary fee of 1,5%.
RE purchase tax of 5%.
Broker's fee of 3,57%.