Property Detail

Supermarket NORMA in the State of Bavaria for Sale, Lease Agreement Ends 2031

Supermarket NORMA in the State of Bavaria for Sale, Lease Agreement Ends 2031

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 6,000

Construction year: 2019

Anchor tenant: NORMA (supermarket chain)

Occupancy: 100%

Lease Agreement: until 2031 (+ renewal options 6x3 years)
Possibility of renewal: YES
Rent Review: YES

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

Net Rental Income: 114,000 EUR per annum
(+ indexation linked to inflation)

Net Yield: 5.7%

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http://www.brantstone.com/property/supermarket-for-sale-in-bavaria-germany-03023874 03023874 Supermarket NORMA in the State of Bavaria for Sale, Lease Agreement Ends 2031