A building with commercial premises.
Description
The property includes 7 retail premises.
The area of the supermarket is 869 m².
The building was built in 2005.
Financial performance
Absolute annual income is 121,305 €.
The current yield of 6.5%.
Tenants
The anchor tenant is a large supermarket chain with more than 3,000 stores in Germany. The annual turnover of the company exceeds 51 billion euros.
The lease agreement is valid through 2024 and includes extension options.
The anchor tenant occupies 58% of the area of the property.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 3%.
Location
The supermarket is located in the town in the federal state of Brandenburg, in 26 km from Berlin. The population of the town is about 10 thousand people.
