Supermarket ALDI in the State of Saxony for Sale, Lease Agreement Ends 2032
Property type: supermarket
Purchase of established rental business
Tenure: freehold
Location: the state of Saxony, Germany
• property is located in a town with a population over 11,000
Building size: ca. 1,350 m2
Anchor tenant: ALDI (supermarket chain)
Other tenants: bakery, meat and sausage products
Occupancy: 100%
Lease Agreement ends: 2032 (+ renewal options 3x5 years)
Possibility of renewal: YES
Rent Review: YES
Purchase price: 2,770,000 EUR
(+ closing costs)
Rental Income: 147,400 EUR per annum
(+ indexation linked to inflation)
Yield: 5.3%