Germany
Lower Saxony
The New Netto Supermarket
A new commercial building under construction in the center of a small town (population 14,000) in the north-west of Germany, in the federal state of Lower Saxony.
Commissioning of the facility: summer 2017
The contract with the tenants has already been signed for 15 years with 3×5 year extension options.
Tenants: Netto supermarket (main tenant), cafe, bakery.
Land area: 4452m2
Usable area of the building: 1235m2
Number of parking spaces: 59
Rental 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€ at 2% per annum.
Return on your capital provided you purchase an object
with the use of credit funds: 13% per annum
Price: 2,540,000€
