Car Service Center in Nuremberg for Sale, Lease Agreement Ends 2028
Property type: car service center
Purchase of established rental business
Location: Nuremberg, the state of Bavaria, Germany
• property is located in Nuremberg with a population of about 500,000
Lettable area: ca. 300 m2
Land area: ca. 1,000 m2
Anchor tenant: car service center
Occupancy: 100%
Lease Agreement: until 2028
Possibility of renewal: YES
Rent Review: YES
Purchase price: 1,116,000 EUR
(+ closing costs)
Rental Income: ca. 72,500 EUR per annum
(+ indexation linked to inflation)
Yield: 6.5%
