Commercial center, Frankfurt, Germany

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Commercial center, Frankfurt, Germany

7,000,000 €
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Yield: 7.0%
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Features
  • Operating Incomе: 497,000 €
  • Land area: 6,700 m²
  • Occupancy: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0%

Three buildings with commercial premises.

Description

Area of the land plot is 6,700 m²

Commercial center consists of three buildings, which include office and retail premises.

The purchase price of the commercial center includes parking.

All premises are leased out.

The lease agreement are signed for long terms.

Financial performance

Absolute annual income is 497,000 €.

The current yield of 7%.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 6%.

The brokerage fee is 5.95%.

Location and nearby objects

The commercial center is situated in the suburb of Frankfurt. There are public transport stops located in proximity from the property. The travel time to the center of Frankfurt via car is 30 minutes, via train — 20 minutes. 

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Anatoliy Onufriev
Anatoliy Onufriev
Real Estate Expert Tranio in Frankfurt am Main
+44 20 3608 1267
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    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services