Germany
Federal
State of Thuringia, Schleiz
New shopping mall
A new shopping center in the city of Schleiz, a district center in the southern part of the federal state of Thuringia, 140 km from the Czech resort of Karlovy Vary.
The shopping center is built on a highway, in a very popular place.
Tenant - Kaufland supermarket chain (Kaufland Vertriebs KDSN GmbH & Co)
The lease agreement is concluded for 15 years with an option to extend 3 times for 5 years.
The supermarket is located next to a store of indoor and garden plants and equipment, a gas station, a shoe store.
Information about the tenant:
Kaufland, a chain of food and household goods retail stores, is part of the Schwarz-Gruppe concern with its head office in Neckarsulm.
The company also owns a network of Lidl discounters.
Currently, the concern includes approximately 1,200 stores in Germany, the Czech Republic, Poland, Croatia, Bulgaria, Slovakia and Romania. Some shops are open daily from Monday to Saturday from 6.00 to 22.00, sometimes until 24.00, and some even until 02.00 at night.
Land area: 8 992m2
Usable area of the building: 3,508 m2
Year of construction of the building: 2016
Rental income per year: 519,885.6 € (6.12% per annum)
Price: 8,496,295€
