NETTO Supermarket

2 500 000 €

NW-ID 6081
ROI - 6.12%
main features
contact us
LOCATION

Sölde is a municipality in Germany, in the state of Lower Saxony. It is part of the district of Hildesheim. Population 8,932

finances and rental
purchase costs
financing
Property description

Anchor tenant - Netto supermarket chain, lease agreement until 2042, non-cancellable until 2032. The Netto supermarket chain was established in 1983. The first supermarket was opened in Bavaria. The chain started expanding rapidly in the 1990s, and in 2005 the Edeka brand was added to the chain. Netto is considered the largest food discounter in Germany. Netto's net profit increases every year. Brokerage commission 6% excl VAT.