The building with office premises.
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.
Absolute annual income is 757,932 €.
The current yield is 7.2%
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.
Notary fee of 1.5 – 2%.
RE purchase tax of 4.5%.
Brokerage fee of 4.76%.
Location and nearby infrastructure
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.