Germany
Federal State of Saxony
Supermarket (7% per annum)
A commercial building leased
for a long-term Edeka supermarket in a big city in Saxony.
(population more than 250 thousand people)
Land area: 3999m2
Building area: 1000m2
Year of construction of the building: 2002
Parking for 64 cars
The contract with the tenant was signed from 2002 until December 2025
+ option to extend 2 times for 3 years
Rental income per year: 84,000€
Profitability: 7% per annum
Price: 1,200,000€ + 6% agency commission (excluding VAT)