Commercial property 1 419 m² in North Rhine-Westphalia, Germany

Germany Federal Land North Rhine-Westphalia Netto Supermarket and baker Commercial Building, long-term rental to the Netto ( Edeka Group is Germany's largest food supplier ). Netto is a reliable tenant: one of the largest retailers in Germany, 4,000 branches. The lease is concluded for 15 years with extension options of 3 × 5 years. Year of construction of the building: 2013 Location: a small town 70 km from Kassel. Object characteristic: Land area: 4637m2 Useful area of the building: 1419.62m2 Parking for 61 cars Excellent ( commissioning 2013 ) Rental income per year: 138,000 € ( 7.6% per annum brutto, 5.9 % per annum netto ) It is possible to obtain a loan in the amount of 1200,000 € at 2% per annum. Profitability of their capital subject to the purchase of an object using credit funds: 12.7% per annum Price: 1800 000 €