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Property ID: 8085 Price: € 1,680,000.- Renters: Penny Market ( until 09/2023 + Options ) Bakery Exner (until 10/2023 + Options ) The estate was built in 2000 on a 2,700 square meter plot and consists of 3 commercial units. The building has been extensively modernized in September 2013. For the units on the ground floor new lease agreements have just been signed. Tenants are the chains Penny Market and Bakery Exner. Another unit on the 1st floor (approx 112 sqm ) will be rented shortly. The food discounter Penny (about 2,200 markets , daughter of REWE Group) has a surface area of about 685 square meters. The lease term is 10 years (until September 2023) and can be extended four times upon exercise of options by 3 more years. The unit of the bakery Exner (40 branches) has a size about 164 m². The lease term was also agreed for 10 years (until October 2023). The warrant is 3 x 5 years. On the property there are approximately 38 parking spaces. The parking lots are leased to property Penny market. However, the bakery Exner has a shared right. The property is located in Berlin -Reinickendorf. Ruppin Chaussee is a main traffic road that connects the district Heiligensee with the Berlin city center. Just a few meters (350 m) away is the Motorway access to the motorways, A111 and E26. The environment is characterized mainly by single-family homes. The connection to the public transport is given through the bordering train station S-Bahnhof Schulzendorf (S8).
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Berlin Yield Estate (Real Estate Agent) from Germany
About Berlin Yield Estate
Through an investment in the steadily increasing Berlin real estate market, you achieve your aim of a secure, high yielding and demanded property. In order to ensure, you acquire comfortable and fast the property with the highest return, we consult with an in depth market knowledge and huge international expierence. Hence, we thank for the trust of our exclusive clients by presenting only qualified properties from qualified vendors.
Berlin Yield Estate
Unter den Linden 16
10117 Berlin