Retail

Modern A.T.U in the heart of Kassel, Germany

Sternbergstraße 16 Kassel, Hessen Germany 34121

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

Attributes

Year Built	2006
Tenure Type	Leasehold
Building Area
Occupancy	100.0 %

Property Description

The retail store with an A.T.U as tenant is located in the heart of the city of Kassel. The distance to the city centre is only about 2.4 km.

Completed in 2006, the store is the only A.T.U in the city and benefits from a large catchment area that reaches over 270,000 potential customers in a maximum of 15 minutes by car.

The property is being sold as part of a portfolio consisting of a total of three specialist stores. The properties can also be purchased individually.

The other properties can also be accessed online via our search field:

NP market in Wendeburg-Bortfeld near Brunswick, Germany
NP market in Kissenbrück near Wolfenbüttel, Germany

Investment Highlights

Strong macro location Kassel: Most populous city in northern Hesse
Central micro location in Kassel with a distance to the city centre of 2.4 km
Large catchment area offers more than 270,000 potential customers
Single-tenant with a long-term remaining lease term of 10 years
Property is in good structural condition

Last Updated Date: 22 Jul 2020

Jaqueline Witte

Consultant

+358931583230

Boris Wachter

Regional Manager Hanover

+358931583230

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Last Updated Date: 22 Jul 2020