Supermarket NORMA 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 about 5,000
Construction year: 2010
Latest renovation: 2021
Lettable area: ca. 1,300 m2
Anchor tenant: NORMA (supermarket chain)
Occupancy: 100%
Lease Agreement: until 2030 (+ renewal options 6x3 years)
Possibility of renewal: YES
Rent Review: YES
Purchase price: 2,250,000 EUR
(+ closing costs)
Net Rental Income: ca. 125,000 EUR per annum
(+ indexation linked to inflation)
Net Yield: 5.6%
