Commercial property in Goslar, Germany, 2 773 sq.m

Anchor tenant -NP, cat. is a subsidiary of the EDEKA Group, with more than 400 branches in Germany. Lease agreement until 2049, without the right to terminate until December 31, 2033. Tenant Sonderpreis Baumarkt is a construction chain store on the German market since 1995 and has more than 200 stores. The lease agreement is until 04.2028, without the right to terminate, after which the options for extending the lease agreement for 2 x 5 years come into force. The property has development potential. A premises of 494 m2 has been leased for a long-term fitness studio.

Location: Liebenburg is a community in Germany, in the state of Lower Saxony. It is part of the Goslar district. Population is 8887 people

Rental income per year total - 118,000 Euros

Total yield - 9.08%