A stand-alone building with retail premises.
Description
Total area of the supermarket is 917 m²
The property was built in 1988. In 2010, the building was renovated.
The purchase price of the property includes a parking for 47 cars.
Financial performance
Absolute annual income is 98,400 €.
The current yield of 8.7%.
Tenants
The tenant is a supermarket chain.
The lease agreement is valid through December 2020 and includes an extension option for 5 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 4%.
Location
The supermarket is located in the suburb of Dortmund.
