Retail spaces on the ground floor of a new residential house.
Description
Total area of the property is 1,293 m²
The purchase price includes 40 parking lots in the underground garage.
Absolute annual income is 306,504 €.
The current yield of 5.4%.
The tenant is a large supermarket chain with more than 100 bransches in Germany and more than 16 thousand branches in 16 countries of the world.
The lease agreement is signed for 12 years with extension options for 3x5 years.
Notary fee of 1.5%.
RE purchase tax of 5%.
The broker's fee of 5.95%.
Supermarket situated in the city with population of more than 200 thousand people, in the densely populated area. There are restaurants, bars, pharmacy, schools and sports ground in close proximity from the property.