Shop in Stuttgart, Germany, 840 sq.m

840 sq.m 4.7% per year

Credit Business on sale

Property ID on Prian.info: 3193319
Last update: 28.08.2023
Number of views: 3692

Sale price	3 000 000 €
Price per square meter	3 571.43 €
Floor area	840 sq.m
Construction phase	New building
Date of construction	2020
Number of storeys	5
Floor	1
Parking	19 places

Address

Germany, Stuttgart

Business on sale

Property management company

Profitability
Annual return	4.7 %
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%
Pay-off period	21 years
Rental income covers all the expenses in

Crediting assistance

A new Rossmann drogerie store in a residential building with a long-term lease agreement (12 years with an option to extend 3 x 3 years).

Yield: 4.7 %

Number of parking spaces: 19

About the Rossmann tenant:

Rossmann GmbH, founded by Dirk Rossmann in 1972, has a total of 4,088 branches with 56,200 employees. In addition to Germany, Rossmann branches are located in six European countries (Albania, Poland, Czech Republic, Kosovo, Hungary and Turkey).

Location: a suburb 15 km from Stuttgart with a developed infrastructure.

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