Mercury Group
NETTO supermarket in Thuringia
- Germany, Thuringia
- 0
- Germany, Thuringia
- 0
Property description
Anchor tenant - Netto supermarket chain, lease agreement until 2040, without the right to terminate until 04/12/2025. The Netto supermarket chain was created in 1983. The first supermarket was opened in Bavaria. In the 90s, the network began to actively develop, and in 2005 the Edeka brand was added to the network. Netto is considered the largest grocery discounter in Germany. Every year Netto's net profit increases.
Location: Kaltenordheim is a city in Germany, in the state of Thuringia. Part of the Wartburg district. Subordinate to the management of Oberes Feldatal. Population is 1730 people
Return on investment - 7.93%
Rental income per year total - 118967 Euros
Basic parameters:
- Germany, Thuringia
- 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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