Germany
Federal State of Lower Saxony
Hexter
Edeka Supermarket (23.7% per annum)
Commercial building leased for a long-term lease to Edeka supermarket.
Location: Hexter city district.
The supermarket has excellent transport accessibility.
In 2011, the building was upgraded to meet the requirements of the main tenant - Edeka Gruppe. The supermarket has a sub-tenant - a bakery.
The lease agreement is concluded until November 2023 with options to extend 3 times × 5 years.
Land area: 5 782m2
Usable area of the building: 1498m2
Year of construction: 2011
Building condition: excellent
Parking for 80 cars
Rental income: 159,200€
(9.4 % per annum brutto, 8% per annum netto)
It is possible to obtain a loan in the amount of 1,400,000€ at 2% per annum.
Return on your capital provided you purchase an object
with the use of credit funds: 23.7% per annum
Price: 1700 000€