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2 800 000 €
2 800 000 €
| Sale price | 2 800 000 € |
| Price per square meter | 620.29 € |
| Floor area | 4 514 m² |
| Construction phase | Resale |
| Date of construction | 2008 |
| Parking | 66 places |
| Address | Germany, Kassel |
| Location | within the city |
| Business on sale |
| Profitability | |
|---|---|
| Annual return | 6.21 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Annual income | 174 000 € |
|
Annual rental revenue, excluding operating expenses |
|
Penny supermarket in the city of Kassel.
Kassel is a city in Germany in the state of Hesse on the Fulda River.
Population - 196,000 people.
Anchor tenant PENNY is an internationally operating German food discounter chain with branches in Germany and six other European countries, founded in 1973. Penny Markt GmbH is headquartered in Cologne. Penny has been fully part of the Rewe Group since 1989. Lease agreement by 2048, until 30.09.2033 with no right of cancellation. The retail space was modernised in 2023.
The second tenant is a bakery, lease until 2054, until 30.09.2039 without right of cancellation.
