NETTO Supermarket

5 200 000 €

NW-ID 6083

ROI - 3.4%

main features

LOCATION

Berlin is the capital of Germany with a population of 3.5 million people. It is an important cultural, political, media and science centre of Germany and EU. Its economy is primarily based on high-tech industries and the service sector, encompassing a diverse range of creative industries, research facilities, media corporations, and convention venues. Significant industries include IT, pharmaceuticals, biomedical engineering, biotechnology, electronics, traffic engineering, and renewable energy. Many German and international companies have their headquarters, business or service centers in the city, among those are Siemens, Osram and BMW. Berlin also serves as a continental hub for air and rail transport and is a popular tourist destination.

finances and rental

purchase costs

financing

Property description

Anchor tenant - Netto supermarket chain, lease agreement until 2040, no right of termination until 10.2025. 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.