Germany
Federal State of North Rhine-Westphalia
Detmold
New REWE supermarket with parking
A new commercial building (completion of construction and commissioning - summer 2017), fully leased for a long-term lease.
Tenants of the building: REWE supermarket (lease agreement for 15 years) and a parking management company (lease agreement for 2 years)
Location: Detmold (population 75 thousand people),
near the transport interchange
Land area: 3615m2
Usable area of the building 1973m2:
ground floor 1601m2
second floor 372m2
Covered parking for 179 places:
first level - 41 places,
second, third and fourth levels - 138 places
Predicted parking load: 196,000 hours/year at the rate of 1€/hour
For the visitors of the REWE supermarket, the free parking time will be 45min
Rental income of the entire building per year: 601,600. 80€
(7.6 % per annum brutto, 6.7 % per annum netto)
It is possible to obtain a loan in the amount of 5,000,000€ at 2% per annum.
Return on your capital provided you purchase an object
using credit funds: 11.9% per annum
Price: 7,950,000€
