Commercial property in Aachen, Germany, 870 sq.m

Anchor tenant Penny. Lease agreement until 2030 without right of termination + 3 extension options for 5 years each. The tenant PENNY is a reliable large German retailer, part of the REWE GROUP. Location: Eschweiler (in Russian historical literature the name Eschweiler is accepted; German Eschweiler, Rip. Aischwiele) is a city in Germany, in the state of North Rhine-Westphalia. Subordinate to the administrative district of Cologne. Part of the Aachen district. Population is 56,505 people

Return on investment - 7.8%

Rental income per year current - 120,000 Euros