Commercial property 1 498 m² in Lower Saxony, Germany

Germany Federal Land Lower Saxony of Hexter Supermarket Edeka ( 23.7% per annum ) Commercial building for long-term rental to the Edeka supermarket. Location: Höckster City District. The supermarket has excellent transport accessibility. In 2011, the building was modernized taking into account the requirements of the main tenant - Edeka Gruppe. The supermarket has a subtenant - a bakery. The lease agreement was concluded until November 2023 with extension options 3 times × 5 years. Land area: 5 782m2 Useful building area: 1498m2 Year of construction: 2011 Building condition: excellent Parking for 80 cars. Rental income: 159 200 € ( 9.4% per annum brutto, 8% per annum netto ) It is possible to obtain a loan in the amount of 1400,000 € at 2% per annum. Profitability of their capital subject to the purchase of an object using credit funds: 23.7% per annum Price: 1700 000 €