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

Attributes

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
André Berger
Team Leader Retail Investment Stuttgart
Gregor Rüther
Gregor Rüther
Senior Consultant

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Last Updated Date: 24 Sep 2020