Office building, Hessen, Germany

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Office building, Hessen, Germany

19,677,000 €
2,578 € /m²
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  • Total area
    7,630 m²
  • Yield
    6.0%
  • Built in 
    2005
Details
Property parameters
  • Number of parking lots: 200
  • 5-floor building
Financial performance
  • Annual income: 1,180,607 €
Tenants
  • Occupancy: 95%
  • End of lease: 2026
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.0%
  • Broker: 4.0% + VAT

A building wit office premises.

Description

Total area of the building is 7,630 m².

The area of offices is 6,828 m²

The area of storage premises is 802 m²

The office building consists of 5 above ground floors and 1 underground floor.

The building was built in 2005 and now it is in a good condition.

The purchase price of the property includes a parking for 200 cars.

The office building is leased out to three tenants.

Financial performance

Absolute annual income is 1,180,607 €.

The current yield of 6%.

Tenants

The anchor tenant is a system on a chip company.

The lease agreement is valid until December 2026.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

The broker's fee of 4%.

Location and nearby infrastructure

The office building is located in the city of the state of Hessen. The distance to Frankfurt is less than 30 kilometres. The population of the city is more than 20 thousand people.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in Hessen.

All ads in the country: office buildings for sale in Germany.

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