Office building, Hamburg, Germany

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Office building, Hamburg, Germany

10,550,000 €
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Total area: 7,521 m² Yield: 7.2% Built in 2001
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Features
  • Operating Incomе: 757,932 €
  • Land area: 10,070 m²
  • Occupancy: 100%
  • Number of parking lots: 150
  • End of lease: 2019
  • Notary (state registration): 1.5%
  • Acquisition tax: 4.5%
  • Broker: 4.8%

The building with office premises.

Description

The total area of the building is 7,521 m².

The office center innludes parking for 150 cars. There are an atrium with a gallery and a cafe in the building.

The office building was built in 2001 and now is in a good condition.

All office premises are leased out.

Financial performance

Absolute annual income is 757,932 €.

The current yield is 7.2%

Tenants

The tenant is a large engineering company.

The lease agreement is valid until 31.12.2019 and includes extension options for 2 years and 5 years.

Transaction costs

Notary fee of 1.5 – 2%.

RE purchase tax of 4.5%.

Brokerage fee of 4.76%.

Location and nearby objects

The property is located in about 15 km from the city centre of Hamburg. In a short drive from the building there is an airport and an exit to the autobahn.

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Enquire about this office building
Anatoliy Onufriev
Anatoliy Onufriev
Real Estate Expert Tranio in Hamburg
+44 20 3608 1267
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