Germany
North Rhine-Westphalia
Netto Supermarket in Bochum
A commercial building after a high-quality reconstruction on one of the central streets of Bochum, a large city in western Germany.
Completion of reconstruction (with an increase in retail space) and repair:
end of 2016
Condition: New
Usable area of the building: 1020m2
The main tenant is the Netto supermarket
The new lease agreement is concluded for a period of 12 years with extension options.
Rental income per year: 155 000€ (gross margin 6.6% per annum)
Price: 2,350 000€
