Retail

Einzelhandelsobjekt in Hof zum Verkauf

Hof, Bayern Germany

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

Key Facts

Year Built	1989
Tenure Type	Freehold
Building Area
Land Area
Number of units	1
Occupancy	100.0 %
Wault	10.6

Property Description

Stand-alone developemnet with 900 sqm rental and sufficient parking spaces. The delivery zone is exposed to the east.

The property is located in Hof in Bavaria near the border to Thuringia. The independent town between Frankenwald and Fichtelgebirge has about 44,600 inhabitants.

In addition to the 3,400-student university, Hof is known above all for its charming location in the midst of beautiful nature, making the idyllic little town a popular destination for numerous tourists. Hof is very well connected by the A9, A93 and A72 motorways. Furthermore, Hof has a central station with excellent connections to Nuremberg, Dresden and Berlin, as well as a freight station.

The property is located just over one kilometre from the town centre. The Media Markt store in the immediate vicinity attracts additional customers. There are also many potential customers due to the residential area next door.

Investment Highlights

Early contract extension with Mix Markt for 10 years
High retail sales figure of over 162 in the city of Hof
High centrality index of over 171 in the town of Hof
Very well frequented, urban location with Media Markt in the immediate vicinity

Last Updated Date: 24 Sep 2020

André Berger

Team Leader Retail Investment Stuttgart

+601800819387

Gregor Rüther

Senior Consultant

+601800819387

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Last Updated Date: 24 Sep 2020