Description:
Drugstore Dorfen
The Project is an older town house which was extensively renovated (absolute new building standard). The House is situated in the town of Dorfen in the administrative district of Erding, at the gates of Munich. The conurbation of Erding with the Munich airport ranks among the economically strongest regions in Europe. The property is located directly at the marketplace, a prime location. Dorfen itself is an aspiring town with approximately 20,000 inhabitants within its catchment area, and is considered to be a preferential residential area. The Rossmann drugstore is located in the ground floor. Also in the building is a dentist and four apartments. Consequently we are dealing with common hold in which the Rossmann drugstore owns the majority of the shares. – Area of ground floor: 568 sqm – Start of rental agreement: 1.6.2007, index-linked – Duration of rental agreement: 10 years, – 5 and 3 years optionally – Monthly net rent: 5,000 Euro – Purchase price: 960,000 Euro = 6.21% yield
