Shop in Bad Kissingen

€ 1,650,000

Description

Retail near Eisenach

€ 1,650,000

Object area 1058m2
Land area 4229m2
Profitability,% 6.83
Rent, EUR 112 624.80
Rent euro / m2 8.87
Cost EUR / m2 1,559.55
Built in 2007
Number of parking spaces 70
Lease agreement Until 23.10.2022

Description
Supermarket NETTO in Thuringia
- Supermarket NETTO is one of the top 3 food retail stores in Germany, with sales of over 14 billion euros and more than 4,300 branches throughout the country. NETTO is a very creditworthy partner and belongs to the EDEKA Group, Germany's largest grocery retailer (sales of 59 billion euros).
Description of the object
- This property is a classic local food supplier with a netto anchor tenant.
- As an addition, the sub-tenant of the NETTO store - a bakery - was located in the pre-checkout area. This area will in the future be used as an area for receiving PET containers, which will provide NETTO with more available retail space.
- The building is in good and tidy condition.
- Lessee Netto Marken-Discount AG & Co. KG is pleased with the location.
“This local food provider is widely recognized locally and is in high demand from the local population.
- The technical equipment of the facility corresponds to the year of its construction and the purpose of use.
- The infrastructure of the facility was created in accordance with local requirements.
Micro position
- The supermarket is located right on a busy street, which is an important transport artery for the city and its surroundings.
Macro position
- The facility is located in the town of Wasungen, between Eisenach in Thuringia and Bad Kissingen in Bavaria.
Location
Germany • Thuringia • Eisenach


Property details

Floor
1
Number of premises
1
Currently functioning
1
Ownership type
Proprietary
Payback period
6.83
Year of construction
2007

Location

Bad Kissingen

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