Property Detail

Supermarket NETTO in the State of Bavaria for Sale, Lease Agreement Ends 2030

Supermarket NETTO in the State of Bavaria for Sale, Lease Agreement Ends 2030

Property type: supermarket
Purchase of established rental business

Location: the state of Bavaria, Germany
• property is located in a town with a population of more than 2,500

Construction year: 2008
Latest Renovation: 2016

Lettable area: ca. 1,200 m2
Land area: ca. 4,600 m2

Anchor tenant: NETTO (supermarket chain)

Occupancy: 100%

Lease Agreement: until 2030 (+ renewal options 3x5 years)
Possibility of renewal: YES
Rent Review: YES

Purchase price: 2,500,000 EUR
(+ closing costs)

Rental Income: 132,300 EUR per annum
(+ indexation linked to inflation)

Yield: 5.3%

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http://www.brantstone.com/property/commercial-property-for-sale-in-bavaria-germany-03023839 03023839 Supermarket NETTO in the State of Bavaria for Sale, Lease Agreement Ends 2030