Germany
Federal State of North Rhine-Westphalia
Netto Supermarket and bakery
A commercial building leased for a long-term lease to the Netto supermarket chain (Edeka Group is the largest supplier of food products in Germany).
Netto is a reliable tenant: one of the largest retailers in Germany,
4,000 branches.
The lease agreement is concluded for 15 years with extension options of 3 × 5 years.
Year of construction of the building: 2013
Location: a small town 70 km from the city ofKassel
Property characteristics:
Land area: 4637m2
Usable area of the building: 1419,62m2
Parking for 61 cars
Excellent condition (commissioning in 2013)
Rental income per year: 138,000€
(7.6 % per annum brutto, 5.9 % per annum netto)
It is possible to obtain a loan of € 1200,000 at 2% per annum.
Return on your capital provided you purchase an object
using credit funds: 12.7% per annum
Price: 1800 000€
