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.
Absolute annual income is 1,250,000 €.
The current yield of 5,6%.
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).
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,0%.
Brokerage fee is 5% + VAT 19% (total 5,95%).
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 distanceto the centerof Frankfurt is7 km, to the Frankfurt-am-Main international airport is 15 km.
