Commercial premises in the center of residential neighborhood.
Description
Total area is 1,300 m²
The property includes two detached buildings.
All premises are leased out to two tenants.
Absolute income is 136,000 €.
The current yield of 7.8%.
The anchor tenant is supermarket chain Netto. Netto company has more than 4 thousand branches with 70 thousand employees in Germany.
The lease agreement is valid through December 31, 2024. The agreement includes extension options for 2x5 years.
The second tenant is fitness-center.
The lease agreement is valid through 31 December, 2020.
Notary fee of 1.5%.
RE purchase tax of 6.5%.
The broker's fee of 6%.
The property is situated in the center of residential area with predominantly private residences in Dortmund.