Supermarket under construction in Baden-Wuerttemberg with a 6,4 % yield

Code
12087
City
Listing For
Sale
Property Type
Villa / House
Property Status
New Build
Price
 2,955,000 EUR  
Construction Year
2016

Location

Baden-Wurttemberg - -

Description

Code:1439763

It is a new supermarket being built in one of the towns near Bad Waldsee in Baden-Wurttemberg. Population is about 20 000.

Description

The new supermarket area of 1 498 m² will be completed in 2016.

The object is fully leased to EDEKA, the one of the largest retail companies in Germany.

The project of the property was created specifically for EDEKA.



Absolute income is 190 365 €.

The current yield of 6,4 %



Tenant is a major retail company EDEKA.

The lease agreement is signed for 15 years until 2031.

Facts about EDEKA:

  • EDEKA's market share is 26 %.
  • Annual revenue exceeds 50 000 000 000 €.
  • More than 250 000 employees.
  • More than 4 000 stores.

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