Retail

Toom in Frankenthal with longterm secured income

Eisenbahnstraße 77 Frankenthal (Pfalz), Rheinland-Pfalz Germany 67227
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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I accept the confidentiality agreement

You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area
Occupancy 100.0 %
Wault 8.67

Property Description

Built in 1972 with several reconversions and extensions between 1988 and 2007 the property has currently a gross lettable area of 7,425 sqm on a plot size of 18,344 sqm. The property is situated in Frankenthal (Pfalz) in the German Federal State of Rhineland-Palatine. Frankenthal is located approximately 10 km northwest of Mannheim and 10 km south of Worms and has a population of circa 49,000 inhabitants. The DIY Store is very well connected to the main roads and public transport connections in the nearby area. The motor highway A6 and the state road B9 are respectively ca. 1.5 km and 1.4 km away. The property is directly accessible from the road “Eisenbahnstraße” from the south. The main parking area is located on the eastern side of the property.

Investment Highlights

  • highly creditworthy tenant Toom is among Germany‘s top DIY brands
  • fully let (occupancy ratio of 100%)
  • stable development in the DIY sector in Germany likely in the foreseeable future, considering Germany is the largest DIY market in Europe
  • dominant DIY store with limited competition in the catchment area
Last Updated Date: 09 Sep 2020
Sabine Keulertz
Sabine Keulertz
Senior Team Leader Central Retail Investment Germany
Markus Ritt
Markus Ritt
Director

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Last Updated Date: 09 Sep 2020

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