Office building, Hessen, Germany

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Office building, Hessen, Germany

13,250,000 €
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Total area: 13,500 m² Yield: 7.1% Built in 1970
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Features
  • Operating Incomе: 950,000 €
  • 12-floor building
  • Occupancy: 74%
  • Number of parking lots: 135
  • Leasable area: 9,700 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%

Twelve-storey office building.

Description

The building was built in 1970 and is constantly renovated.

There is parking for 135 cars in the territory of the office.

Equipment

  • fire protection
  • air conditioning system
  • system partitions walls

Financial performance

The absolute annual income is 950,000 €.

Current yield is 7.1%.

Tenants

An anchor tenant is a large network IT company, which occupies 30% of the building area.

The WALT is 4 years.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.0%.

Location

The office building is located in the federal state of Hessen in the center of the town with a population of more than 20 thousand people.

There is the German Stock Exchange nearby.

There are also shops, a furniture network store and various car dealerships in the immediate vicinity.

Statistics in Germany

Price per m², €
4,785
Healthcare efficiency level
74
Crime rate
34
Real estate Price, €
Apartment in the city centre, m² 4,784.75
Apartment in a bedroom community, m² 3,296.82
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.4
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.7
White bread, 500 g 1.31
Eggs, a dozen 1.82
Chicken fillet, 1 kg 7.31
Education Price, €
Kindergarten, per month 307.36
International school, per year 14,850.5
Health care index
Staff competence 77.62
Medical equipment 89.58
Research accuracy and completeness 75.44
Attitude towards patients 68.99
Security index
Crime rate 34.15
The risk of being robbed 32.22
The risk of car theft 31.71
The risk of break-in and property damage 42.79

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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If this property wasn’t for you, take a look at other office buildings for sale in Germany.

You can see more office buildings for sale in Hessen elsewhere on our website.

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Enquire about this office building
Olga Starintseva
Real Estate Expert Tranio in Hessen
+44 17 4822 0039
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