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3 000 000 €
3 000 000 €
| Sale price | 3 000 000 € |
| Price per square meter | 3 333.33 € |
| Floor area | 900 sq.m |
| Construction phase | Off-plan |
| Facility completion deadline | 2021 |
| Address | Germany, Upper Bavaria |
| Location | within the city |
Business on sale
| Profitability | |
|---|---|
| Annual return | 4.8 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Annual income | 144 000 € |
|
Annual rental revenue, excluding operating expenses |
|
| Business expenses | |
|---|---|
| Not included in the price | |
| Commission fee | 4 % |
Drogerie type supermarket with tenant, Bavaria
Delivery in the 4th quarter of 2021
Leasable area: 900 sq.m
Rental income per year – 144,000 euros
The tenant is a European chain of drogerie type stores with more than 3,700 stores in Europe. The company was founded in Germany in the 1970s, in 2020 the group's turnover amounted to more than 12 billion euros
The lease agreement is tight for 10 years until 2031 with 2 extension options for 5 years each
Price 3,000,000 euros
Yield 4.8%
