Mercury Group
Supermarket in Saxony. Anchor tenant - Penny chain store
- Germany, Saxony
- 0
- Germany, Saxony
- 0
Property description
The supermarket is located in a small town in Saxony. The anchor tenant is the Penny chain store. Lease agreement until 2028 without the right to terminate. There is also a bakery in the building. In the summer of 2016, a major renovation of the facility was carried out. Location: The property is located near Freital. Freital is a city with the status of a large district, located in the state of Saxony in Germany. Subordinate to the Land Directorate of Dresden. It is part of the region of Saxon Switzerland - Eastern Ore Mountains. Population is about 40 thousand people
Return on investment - 6.91%
Rental income per year total - 82680 Euros
Basic parameters:
- Germany, Saxony
- 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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