a New supermarket with a 15-year contract

Netto Supermarket: 15 years in the area

the

the
• nearest major cities Nuremberg and Erlangen;
the
• new in the center of the city;
the
• the long term contract with an option to extend;
the
• city with stable population dynamics.

the anchor tenant at the facility – Netto Marken-Discount, discounter of the EDEKA group, more than 4,000 stores across Germany. The third largest discounter in Germany. The company predominantly in the South and East of Germany.

the project is located in one of the most economically strong regions of Bavaria, the city with stable population dynamics. The city is distinguished by its favorable transport links, being directly on the Federal highways A6, B13 and B14. Through the city also runs high-speed railway route. The nearest large city of Nuremberg 50 minutes by car.
Favourable factors for the location is a low tax rate on profits, affordable land prices, high quality labour resources and tourism potential. The city has enterprises for wood processing, production of packaging machines, textile industry, and robotics.

Object

the Facility is a one-storey building, total area of 430 sq 1 M. Netto has been for 15 years, is a given point and managed to win the love and confidence of local residents. Central location (downtown with a beautiful old town – just a 5-minute walk) proximity to residential developments, as well as accessibility is the key to the smooth flow of customers.

public transport is 3 minutes from the property, while the main railway station is 6 minutes away. The property is situated on the main street and conveniently accessible to buyers. Spacious Parking for 65 seats.

In connection with the success of the outlets Netto is planning a revitalization and expansion of the area. From October 2016 there is a new long term lease agreement for 15 years with option of prolongation, also provides for the indexation of rents.

the Investment investor 1 234 606 Euro the Factor gap of 16.39 the Net income of the investment period (Cash-Flow) 2 876 697 Euro the the average Yield of the object 6,59%