Germany
Land
of Hesse, Diemelstadt (administrative district of Kassel)
New Supermarket REWE
New commercial building (commissioning - January 2014), leased to the REWE supermarket chain.
Location: Dimelstadt (population 6 thousand people)
Land area: 18936m2
Commercial area for rent: 1905m2
Heating type: gas
The area occupied by the supermarket:1745m2
The lease agreement is concluded for 15 years with the right to extend 3 times for 5 years.
There is also a commercial space of 1830m2 in the building, of which 160m2 has been rented, the rest of the area is currently without a tenant.
Rental income per year (under-occupancy): 302,400€
It is possible to obtain a bank loan in the amount of 2,300,000€ at 3.2% per annum
Profitability on the condition of a loan: 9%
Price: 4 150 000€