Shop in Stadthagen, Germany, 982 sq.m

The object is located in the city of Stadthagen, a district center located in Lower Saxony, 40 km from Hanover. The population is 23,000 people.
The tenant is a discounter NP, which is a subsidiary of EDEKA Group. There are more than 400 branches in Germany. The facility will be commissioned in the 3rd quarter of 2019. The tenant has been in this location since the 1970s, and a new building is being built for him. Lease agreement until 2049, without the right of termination until 2034. It is possible to attract financing.

Return on investment: 6.05%
Plot size: 5200 sq. m
The area of the object (leased area): 982 sq. m.
Number of parking spaces: 70

Rental income: €137,340/year
Profitability: 6.05%