It is a supermarket on the ground floor of the newly built house made by the famous architect.
The total area of the property is 1,097 m².
It is located in a new building which is scheduled for completion in autumn 2016. The project features high-quality modern materials and unique asymmetric design.
Supermarket is already fully leased to a major tenant.
Absolute income is 380,000 €.
The current yield of 5%.
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 from the date of commission with extension options for 3x5 years.
Notary fee of 1,5%.
RE purchase tax of 6%.
The broker's fee of 5,95%.
The property is situated in the historical center of Berlin near to the luxury residential complex and other large developments.
Public transportation, metro stations, shops, cafes and restaurants are within the walking distance.