Germany
Hesse
el
Supermarket in a residential area
Location: "sleeping" area in the south of the city of Kassel (population 200 thousand people)
Commercial object: new building (year of construction - 2011), fully leased to several tenants for a long time.
Information about tenants:
the main tenant - NETTO - is one of the largest retailers in Germany,
has 4,000 branches, is a member of the EDEKA group, an important food supplier in the country, the lease term is 15 years;
ICE CREAM PARLOR, contract term - 10 years;
BARBER SHOP, the term of the contract is 10 years;
SHOE REPAIR SHOP, the term of the contract is 10 years.
Year of construction of the building: 2011
Area for rent: 1395m2
Land area: 4206 m2
Parking spaces: 42
Heating: gas
Lease agreements were signed on 10.2011 for a period of 10/15 years
Rental income: 144,447 € per year
Price: 1,810,000€