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4 206 000 €
4 206 000 €
| Sale price | 4 206 000 € |
| Price per square meter | 4 261.4 € |
| Floor area | 987 sq.m |
| Construction phase | Resale |
| Address | Luxembourg, Luxembourg |
| Location | within the city |
Business on sale
| Profitability | |
|---|---|
| Annual return | 4.5 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Annual income | 189 € |
|
Annual rental revenue, excluding operating expenses |
|
| Business expenses | |
|---|---|
| Not included in the price | |
| Commission fee | 4 % |
| Crediting assistance |
A new grocery supermarket in a large Luxembourg city
The lease agreement for 11 years is tough.
The tenant is the largest Belgian grocery and retail retailer, founded more than 150 years ago, now part of a Dutch holding company founded more than 130 years ago, has 6,500 stores in 11 countries around the world.
Julia Morozova
Associate Director, Commercial Real Estate International Investment Department