Lengerich

Alwin-Klein-Straße 1
49525 Lengerich
  • Asset Class

    Retail

    Year of acquisition

    2019
  • Property size

    9,436 m2

    Usable floor

    4,611 m2
  • Main tenant

    EDEKA,
    Deichmann,
    Takko

    Fair value

    14,800,000 EUR
The photo shows a contemporary department store in Lengerich.

Property description

The local supply property known as “Markt-Karree” has a prominent location at the heart of Lengerich town centre with a direct connection to the pedestrianised zone. It can be accessed via the busy main road in front of it, which is one of Lengerich’s main traffic routes.

Opened in 2019, the contemporary new-build features attractive architecture, sufficient parking spaces and a well-designed layout. With the food retailer EDEKA as an anchor tenant of good credit standing and Deichmann and Takko as additions to the existing range, the property provides a local supply of goods for an extended area.

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