A five-storey building with office premises.
Total area of the building is 12,416 m²
The building was built in 2005 and now it is in a good condition.
The purchase price of the property includes a parking for 376 cars.
The office building is leased out to a single tenant.
Absolute annual income is 1,503,432 €.
The current yield of 6%.
The tenant is a large chemical company.
The lease agreement is valid through 2022 and includes extension options for 2x5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The brokerage fee is 4.76%.
Location and nearby infrastructure
The office building is located in the city with the population of more than 40 thousand people, in the state of North Rhine-Westfalia. There are public transport stops and an entrance to a motorway situated in proximity from the property. The distance to the nearest airport is about 25 kilometres.