Description
Drogerie type supermarket with tenant, Bavaria
Delivery in the 4th quarter of 2021
Leasable area: 900 sq.m
Rental income per year – 144,000 euros
The tenant is a European chain of drogerie type stores with more than 3,700 stores in Europe. The company was founded in Germany in the 1970s, in 2020 the group's turnover amounted to more than 12 billion euros
The lease agreement is tight for 10 years until 2031 with 2 extension options for 5 years each
Price 3,000,000 euros
Yield 4.8%