New supermarket and drugstore with long-term leases, Hessen, Germany

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New supermarket and drugstore with long-term leases, Hessen, Germany

13,000,000 €
4,193 € /m²
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  • Total area
    3,100 m²
  • Yield
    4.8%
  • Built in 
    2019
Details
Property parameters
  • Land area: 9,100 m²
  • Number of parking lots: 120
Financial performance
  • Annual income: 630,000 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 3.0% + VAT

Supermarket and drugstore with well-known chain tenants, 80 km from Frankfurt am Main.

Description

The property was built in 2019. The area of the supermarket is 3,100 m².

There is parking for 120 cars in front of the building.

Loan

There is a possibility of obtaining a loan.

Tenants

The tenant is one of the largest grocery chains in Europe. The company's turnover is more than 50 billion euros per year. The lease agreement is valid for 17 years + extension option 2x5 years.

The tenant is the largest retail chain of perfume and cosmetics stores in central and eastern Europe. It operates in 12 European countries, has more than 3,000 stores in Europe. The lease agreement is valid for 12 years + extension option 3x5 years.

WAULT: more than 15 years.

Location and nearby infrastructure

The property is located in a city with a population of about 50,000 people, 80 km from Frankfurt am Main. The city has many large industrial companies.

The federal state of Hessen is located in central Germany.

Today, Hessen is one of the most dynamically developing regions of Europe, an international financial center, and a venue for numerous international fairs. Locomotives and wagons, machine tools and cars, paints and medicines, electronic products and chemical products are being created in Hessen. World famous companies, such as Opel, Volkswagen, Thyssen-Henschel and others, are located here.

The German Federal Bank, the Frankfurt Exchange, the European Monetary Institute, and more than 400 German and foreign banks operate in Hessen.

Like most German lands, the region has good transport accessibility. A 7 motorway crosses Hessen from north to south. The railway network connects local communities with other European states.

Hessen has the largest international airport in Germany and across Europe located in Frankfurt. Its passenger traffic is more than 54 million people a year.

Frankfurt is the most populated city of Hessen, a large business center, the country's largest aviation transport hub (second in Europe).

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Hessen.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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