Package of retail units on the ground floor of the building in the near suburb of Frankfurt (less than 10 km to the city center).
The building was built in 2013.
There is an underground parking for 10 cars in the territory of the property.
Absolute annual income year is 149,000 €.
The current yield of 3.8%.
The property has been rented by 4 tenants since 2014.
The lease agreement with one of the tenants is valid until 2022, the remaining contracts are prolongated annually.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.0%.
Brokerage fee is 5.95%.
Location and nearby infrastructure
The property is located on the main shopping street of the town with excellent passability. The population of the town is more than 30,000 people. Since 2011, the town has seen a steady increase in population due to its convenient location, good ecology and a high standard of living.
The distance to the center of Frankfurt is less than 10 kilometers.