Supermarket in Freiburg, Germany

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Example of supermarket in Freiburg

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Supermarket in Freiburg, Germany

5,000,000 €
2,941 € /m²
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  • Total area
    1,700 m²
  • Yield
    5.5%
  • Built in 
    2015
Details
Property parameters
  • Number of parking lots: 30
  • 1 floor
Financial performance
  • Annual income: 275,000 €
Tenants
  • Fully let
  • End of lease: 2031
Loan
  • Loan size: 60% of the value of the property
  • Rate: 1.8%
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 4.0% + VAT

Supermarket on the ground floor of the commercial center.

Description

Total area of the supermarket is 1,700 m²

The property was built in 2015.

The purchase price of the supermarket includes a parking for 30 cars.

Financial performance

Absolute annual income is 275,000 €.

The current yield of 5.5%.

The indexation of rental revenue is proportional to inflation.

Loan

It is possible to obtain bank loan for 60% of the value of the property at 1.75% per annum.

Tenants

The tenant is a large supermarket chain.

The lease agreement is signed for 15 years with extension options for 3x5 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

The broker's fee of 4%.

Location and nearby infrastructure

The supermarket is located in the central district. A metro station and a public transport stop are situated within walking distance from the property.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Freiburg.

All ads in the country: supermarkets for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
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