Investment 2 132 m² in Oberhausen, Germany

Germany, Oberhausen
Archive cost $3,64M
Sold or out of date
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Updated at: 24/09/2024

Location

Country: Germany
State: North Rhine-Westphalia
City: Oberhausen

Property parameters

Total area: 2 132 m²

Description

Commercial premises in Oberhausen, North Rhine Westphalia, Germany. LOCATION: Oberhausen is a city of land subordination in the west of Germany, in the federal state of North Rhine-Westphalia, in the western part of the Ruhr district on the Eschmer river. Population - 212.6 thousand people. The city of Oberhausen is located in the center of the Rhine-Ruhr metropolitan region. Oberhausen has a diverse and resilient economy that operates or produces sustainable, resource-efficient and sustainable products. Here, a balance of leading markets with clusters and a diverse mix of industries is guaranteed. Small and medium-sized enterprises are the backbone of the Oberhausen economy. MICRO LOCATION: The shopping center is ideally located on a busy road, which provides a large flow of traffic past passing potential buyers. Opposite the object is the vehicle registration department. For many years of existence in the region, shops have proven themselves well among the population and are very popular. PROPERTY DESCRIPTION AND TENANTES: The building was built in 2007 and was constantly undergoing cosmetic repairs, in 2020 part of the Fressnapf store building was modernized and a new, 10-year contract with renewal options was signed. Trinkgut Handelsgesellschaft Rhein-Ruhr mbH is the wholesale retail division of EDEKA Handelsgesellschaft Rhein-Ruhr mbH, with an annual turnover of 652 million euros. The main sales area is in North Rhine-Westphalia and the neighboring federal states.  Fressnapf Holding SE (also known as Fressnapf Group) is a franchise company based in Krefeld, Germany. With more than 1,650 markets in 11 European countries (Germany, Austria, Switzerland, Italy, France, Hungary, Poland, Luxembourg, Ireland, Denmark, Belgium) and more than 12,000 employees, it is the largest specialized chain for pet food and accessories in Europe. The Fressnapf Group is ranked third in the world after PetSmart and Petco. In Germany, about 700 of more than 900 markets are operated by about 200 franchise partners. Important: Fressnapf products are categorized as staple foods and these stores did not close during lockdown 2020, contributing to the regular flow of rents. Tönjes Holding AG is a regional registration company for the sale of license plates for cars. Leasable area approx. 2.132 m² Parking spaces 53 Built in 2007 Annual rent (net, excluding utilities) € 194.161.56 Lease agreements for 2024-2032 Initial ROI 6.00% Commission 5.8% + VAT

Location

Germany, Oberhausen