Modern office building, Hessen, Germany

Additional information is provided after the signing of an NDA

Modern office building, Hessen, Germany

22,500,000 €
Mortgage calculator
Send a request
Total area: 8,680 m² Yield: 5.6% Built in 2003
Send a request
Features
  • Operating Incomе: 1,250,000 €
  • Land area: 4,155 m²
  • 7-floor building
  • Occupancy: 100%
  • Number of parking lots: 182
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.0%

Modern office building near Frankfurt.

Description

Seven-story office building with the parking for 182 cars, 137 parking places are in the underground garage.

The area of offices is 8,680 m². 

Area of the premises for the employees — 214 m².

The object was constructed in 2002–2003. 

Transaction type Share Deal is posssible.

Financial performance

Absolute annual income is 1,250,000 €.

The current yield of 5,6%.

Tenants

There are seven tenants among which there are large well-known companies.

The WALT is 5,2 years.

For one of the tenants the contract provides rent vacation within six months after the date of transmission of the area of rent (till August, 2018).

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 6,0%.

Brokerage fee is 5% + VAT 19% (total 5,95%).

Location

The property is located in the business park of 50 hectares in the town which belongs to the district of Frankfurt.

Highways and lines of the city electric train provide direct link with the downtown. The project of possible extension of the line of the subway to this area is considered.

The distance to the center of Frankfurt is 7 km, to the Frankfurt-am-Main international airport is 15 km.

More properties

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.

Similar listings

We select ads that may interest you.

Enquire about this office building
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Hessen
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services