A detached building with commercial premises.
Description
The total area of the property is 1,087 m².
The building was built in 2009.
Absolute annual income is 134,352 €.
The current yield of 7.6%.
The tenant is a large network of German supermarkets.
The lease contract has been concluded since 2009 and is valid until 2024, including extension options for 3x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The broker's fee of 3%.
The building is located in an ancient German city, with a population of about 50 thousand people, in the state of Hesse.