Retail premises in the stand-alone building.
Description
Total area of the property is 1,000 m²
Building is in a good condition.
The purchase price includes parking for 85 cars.
Absolute annual income is 120,000 €.
The current yield of 6.7%.
The tenant is a large supermarket chain.
The lease agreement is valid through 2027 and has extension options.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5.0%
The broker's fee of 3%.
The supermarket is situated in the city with the population of about 20 thousand people, in the state of Baden-Wurttemberg.