NETTO Supermarket

1 500 000 €

NW-ID 6080
ROI - 7.93%
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LOCATION

Kaltennordheim is a town in Thuringia, Germany. It is part of the district of Wartburg. It is subordinate to the Oberes Feldenthal authority. The population is 1,730.

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Property description

Anchor tenant - Netto supermarket chain, lease agreement until 2040, non-cancellable until 12.04.2025. Netto supermarket chain was established in 1983. The first supermarket was opened in Bavaria. The chain started actively growing 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.