Germany
land of Hesse
adm. Kassel County
Eschwege
Textile store (up to 11.3% per annum)
A separate building, leased for a long-term lease to a specialized Hammer home textile store. The store is located in a shopping area - there are more than 30 different shops and retailers nearby (construction goods, garden equipment, equipment, furniture, etc.)
Location of the building: the regional town of Eschwege (population 20 thousand people) in the north-east of the federal State of Hesse, 52 km fromKassel and 55 km from Göttingen.
Land area: 6777m2
Usable area of the building: 2643m2
Year of construction of the building: 2002
In 2015, expensive repairs were made in the amount of more than 400,000€
Building condition: good
Parking for 85 cars
The contract with the tenant was concluded before 10/30/2025
with the option of extension 2 times for 5 years.
Rental income per year: 174,000€ (7.4% per annum)
It is possible to obtain a loan in the amount of 1,400,000 € at 1.75% per annum.
Subject to the use of the loan
, the return on the investor's own funds will be 11.3% per annum
Price: 2 365 000€
