Supermarket NORMA in the State of Bavaria for Sale, Lease Agreement Ends 2031
Property type: supermarket
Purchase of established rental business
Location: the state of Bavaria, Germany
• property is located in a town with a population of about 6,000
Construction year: 2019
Lettable area: ca. 1,400 m2
Land plot: ca. 4,300 m2
Car parking facilities: 40+ spaces
Anchor tenant: NORMA (supermarket chain)
Other tenants: bistro
Occupancy: 100%
Lease Agreement: until 2031 (+ renewal options 6x3 years)
Possibility of renewal: YES
Rent Review: YES
Purchase price: 2,100,000 EUR
(+ closing costs)
Net Rental Income: 114,600 EUR per annum
(+ indexation linked to inflation)
Net Yield: 5.5%
