Shop in Stuttgart, Germany, 6 257 m²

Germany. Stuttgart. Supermarket.
Rental business.
€6,500,000
ROI - 6.95%
Land area: 5,354 m2
Property area: 6,257 m2
Year built: 1972
Leased: Yes
Number of commercial units: 50
Price: €6,500,000
Return on investment (ROI): 6.95%
Rental income (current): €451,700
Rental income (total): €471,000
Rental yield at current rental capacity: 6.95%
Rental yield at full rental capacity: 7.25%
Anchor tenant: NP supermarket chain, owned by EDEKA Group.
The lease agreement runs until 2048, with no right to terminate until 2038.
6% brokerage commission excluding VAT.
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