Mercury Group
Commercial object NP + Sonderpreis Baumarkt (Construction chain store)
- Germany, Lower Saxony, Goslar
- 0
- Germany, Lower Saxony, Goslar
- 0
Property description
Anchor tenant -NP, cat. is a subsidiary of the EDEKA Group, with more than 400 branches in Germany. Lease agreement until 2049, without the right to terminate until December 31, 2033. Tenant Sonderpreis Baumarkt is a construction chain store on the German market since 1995 and has more than 200 stores. The lease agreement is until 04.2028, without the right to terminate, after which the options for extending the lease agreement for 2 x 5 years come into force. The property has development potential. A premises of 494 m2 has been leased for a long-term fitness studio.
Location: Liebenburg is a community in Germany, in the state of Lower Saxony. It is part of the Goslar district. Population is 8887 people
Rental income per year total - 118,000 Euros
Total yield - 9.08%
Basic parameters:
- Germany, Lower Saxony, Goslar
- 0
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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What you should know, purchasing a property in Germany
