Commercial property in Stuttgart, Germany, 6 257 sq.m

The anchor tenant is the NP supermarket chain, owned by EDEKA Group. Lease agreement until 2048, without the right to terminate until 2038. Location: Stuttgart is the capital of the state of Baden-Württemberg, one of the most important industrial centers in Germany, as well as an important cultural center.

About 600 thousand people live in Stuttgart, the city ranks sixth in the country according to this indicator. Stuttgart is considered one of the largest innovation centers in Europe and has the highest level of well-being of any city in Germany. Currently, Stuttgart is a powerful center of high technology and the engineering industry. Representative offices of major international corporations are located here. Some of the most significant organizations located in the region include Daimler AG, Porsche, Bosch, Celesio, HP/Compaq Deutschland and IBM Deutschland, all of which have their world or European headquarters here. The facility is located 20 km from the center of Stuttgart. Rental income Rental income per year current 451,700 EUR Rental income per year full 471,000 EUR Current yield 6.95% Total yield 7.25%