Other commercial property in the suburbs in Germany, Erfurt in Erfurt
Description
| Property type | Apartment |
| Square | 4510.00 m2 |
| Bedrooms | Studio |
| Price | 3,613,700$ |
| Buy online | Details |
| Floors | — |
| Condition | |
| Has furniture | No |
| Has home appliances | Yes |
| Building condition | — |
| Security | — |
| Conveniences |
Parking |
Information
Upgraded tegut, yield 8.62%Lovely shop in the center of a big city:
- new long-term lease until 2013;
- the nearest major city is Weimar;
- in 2016, the facility was modernized;
- parking for 117 cars.
The facility is located in one of the largest cities in Thuringia with a population of about 50,000 people.The railway connects it with Erfurt and Eisenach. The regional road L 1027 with access to the federal highway B 4 provides access to Dresden.Two hours - and you are in the center of the financial capital, Frankfurt am Main. Erfurt-Weimar Airport is 15 km away, and in 40 minutes you will be in the city of Goethe-Weimar.
The supermarket has already managed to catch the fancy of local residents over the years of operation. It is in the middle of a residential area and has no shortage of buyers.There is a gas station next to the supermarket for the convenience of buyers by car, and a bank branch across the road. The building was completely modernized in 2016.A new lease agreement was signed with the anchor tenant for 15 years until 2031.
The city is located near a vast natural park and a hippodrome.It is an economically developed city with the production of furniture and sausages, offices of engineering companies and its own brewery.
Tegut supermarket with an area of 1,800 square meters.m reopened its doors to buyers on June 15 after 10 weeks of redevelopment. As a result, new refrigeration equipment and LED lighting have been installed in the supermarket.Thanks to the measures taken, the store emits 30 tons less environmentally harmful carbon dioxide per year. In addition, the department of vegetables, fruits and dairy products has been expanded.The store has parking for 117 cars. “We are happy to meet our customers again and hope that they will like the new store,” said the director.
Tenants
The tegut supermarket chain has 290 stores in 6 federal states of Germany, including the three most economically strong regions: Bavaria, Hesse and Baden-Württemberg.The assortment covers 30,000 items, including 3,000 organic products. The first store was opened by the chain's founder Theo Gutberlet in 1947.
A fitness studio also rents the premises.
INVESTMENT
Investor's investment 993 907 euros Leverage of the financing bank 87.10% Net income of the investment period (Cash-Flow) EUR 4,811,157 Average annual rental income 311 657 euros Profitability of the object in the first year 7.94% Profitability of the object is average 8.62% Return on investment (IRR) 12.08%OBJECT
The object was built and put into operation 06 /1993 Number of parking spaces 117 Land area 9 016 sq. m. m Cadastral value of the plot / sq. m. m 45 euros Cadastral value of the land 5.30 Income Entry factor (payback period) 12.6 gap Building cost / sq. m. m 711 euros Useful area of the building 4 510 sq. m. m Rental price / sq. m. m EUR 5.30 Rental income / month EUR 23,900 Rental income / in the first year 286,800 euros Average rental income / year 311,657 euros Location Federal state Thuringia Purchasing power 83.4 Population 47 142 Efficient service area 30 000
Hotline
Other commercial property in the suburbs in Germany, Erfurt on the map of Erfurt
FAQ
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