Commercial premises in Löbau, Germany.
Löbau is a district centre located in the state of Saxony. It is subordinated to the administrative district of Dresden. It is part of the district of Görlitz. It is subordinate to the Löbau administration. The population is 16283.
- Site area - 2881 sq.m
- Building area - 955 sq.m
- Year of construction - 2005
The tenant is AWG, a German clothing retail chain based in Kengen in the district of Esslingen (Baden-Württemberg). The family-owned company has 250 branches nationwide with around 2,500 employees. The annual turnover amounts to 150 million euros.
- Lease agreement until 2045, until 2030 without right of cancellation.
- Rental income per year current 85 521 €
- Rental income per year full 85 521 €
- Current yield 7.77%
- Full yield 7.77%