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1 900 000 €

Shop in Erfurt, Germany, 5 717 m²
  • Shop in Erfurt, Germany, 5 717 m² - picture 1
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  • Shop in Erfurt, Germany, 5 717 m² - picture 1
  • Shop in Erfurt, Germany, 5 717 m² - picture 2
  • Shop in Erfurt, Germany, 5 717 m² - picture 3
  • Shop in Erfurt, Germany, 5 717 m² - picture 4
  • Shop in Erfurt, Germany, 5 717 m² - picture 5
  • Property ID on Prianproperty.com: 4038806
    Last update: 21.05.2025
    Number of views: 157

1 900 000 €

Shop in Erfurt, Germany, 5 717 m²

5717 sq.m 7.14% per year
Business on sale

  • Property ID on Prianproperty.com: 4038806
    Last update: 21.05.2025
    Number of views: 157

Specifications

Sale price 1 900 000 €
Price per square meter 332.34 €
Floor area 5 717 m²
Construction phase Resale
Date of construction 2014
Parking 65 places
Address Germany, Erfurt
Business on sale

Finance

Profitability
Annual return 7.14 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 135 593 €

Annual rental revenue, excluding operating expenses


Description

Commercial premises in Rula, Germany

Rula is a town in Germany, in the state of Thuringia. It is located at an altitude of 440-530 metres on the north side of the Thuringian Forest on the Rhensteig. It is part of the district of Wartburg. It has a population of 6485 inhabitants. It occupies an area of 38.51 km². The city is divided into 3 urban districts. In the 19th and 20th centuries watchmaking was of great importance for the town. Now the main role is played by tourism

  • Site area 5717 sqm
  • Building area 1153 sqm
  • Year of construction 2014

Anchor tenant - Netto chain supermarket. Netto supermarket chain was established in 1983. The first supermarket was opened in Bavaria. In the 90s the chain started to develop actively, and in 2005 the Edeka brand was added to the chain. Netto is considered the largest grocery discounter in Germany. Netto's net profit increases every year.

  • Lease agreement until 2040, with no right of cancellation until 27.05.2029.
  • Rental income per year current 135 593 €
  • Rental income per year full 135 593 €
  • Current yield 7.14%
  • Full yield 7.14%

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Representative

Elena Pinkhasik
Head of EU Direction
Languages: english
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Seller
Elena Pinkhasik Head of EU Direction

Intermark Global

Languages: english
Contact seller
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