Retail

Real hypermarket with Asset Management Potential

Schubertstraße 20 Gotha, Thüringen Germany 99867
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Year Built 1995
Building Area
Total Parking Space
Occupancy 100.0 %
Wault 5.8

Property Description

The property is located on the Western part of the city of Gotha, which is part of the central metropolitan corridor of Thuringia, in an area mostly characterized by residential units and public institutions. The property is let on a mid-term basis to real,- SB-Warenhaus GmbH. The property provides attractive asset management potential.



 


Investment Highlights

  • Gotha as one of the largest cities in the state of Thuringia with positive population development
  • ideal location for grocery shopping in the neighbourhood
  • ~45,000 inhabitants in the core catchment area (10 min driving time)
  • 100% of rental income attributable to real,- SB-Warenhaus GmbH
  • new development plan “In der Güldenen Aue” established in 2018 for the enlargement of the residential area close to the property
Last Updated Date: 04 Sep 2020
Sabine Keulertz
Sabine Keulertz
Senior Team Leader Central Retail Investment Germany
Markus Ritt
Markus Ritt
Director

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+6620260615
Last Updated Date: 04 Sep 2020

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