Commercial property 1 235 m² in Lower Saxony, Germany

Germany Lower Saxony New Netto Supermarket A new commercial building under construction in the center of a small town (population of 14,000 people) in northwestern Germany, in the federal state of Lower Saxony. Commissioning of the facility: summer 2017 An agreement with tenants has already been signed for 15 years with extension options 3 × 5 years. Tenants: Netto supermarket (main tenant), cafe, bakery. Land area: 4452m2 Useful building area: 1235m2 Number of parking spaces: 59 Lease income: 177,291 € (6.98 % per annum brutto, 5.4 % per annum netto) It is possible to obtain a loan in the amount of 1 850,000 € under 2 % per annum. Return on equity subject to the purchase of an object using credit funds: 13 % per annum Price: 2 540 000 €