Mixed-use building with long-term lease agreements, Freising, Germany

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Mixed-use building with long-term lease agreements, Freising, Germany

2,800,000 €
1,490 € /m²
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  • Total area
    1,878 m²
  • Yield
    5.3%
  • Rental rate (m²/month)
    18 €
  • Built in 
    2004
Details
Property parameters
  • Leasable area: 671 m²
  • Total premises: 3
  • Number of parking lots: 25
  • 2-floor building
Financial performance
  • Annual income: 148,944 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0% + VAT

Mixed-use building near the Munich Airport.

Description

The building with a total area of 1,878 m² has 2 floors and includes 3 spaces for office and commercial use.

The building is thermally insulated and in very good condition.

There is parking for 25 cars in the courtyard.

Tenants

  • 295 m² – the tenant is a large European vehicle diagnostics company. The lease agreement is valid until 2020 with options for renewal of 2x5 years.
  • 260 m² – the space is leased to a medical office. There are options for extending the lease for 6x5 years; the 1x5 years option has already been agreed.
  • 116 m² – the space is leased to a medical office. The lease agreement is valid until 2022 with the option of renewal of 1x5 years.

The rental price includes some equipment and parking spaces.

Location

The property is located in a business park in the city of Freising, next to the motorway. Munich Airport is 10 minutes away. There are grocery and hardware stores located nearby. The distance to the city center and the railway station is about 15 minutes by car.

Munich is about 35 km away.

Munich is the capital of the federal state of Bavaria. The population of Munich is more than 1.5 million people. The city is the largest in Bavaria and the 3rd (after Berlin and Hamburg) in Germany.

Modern Munich is a large industrial and research center, as well as the IT capital of Germany.

The international airport of Munich — the 2nd in Germany by the number of passengers served. The capacity of the airport with 2 active runways is 50 million passengers per year.

Munich's railway station is the 2nd (after Hamburg's main station) in Germany by passenger traffic, serving 350,000 passengers a day.

Munich attracts tourists due to the large number of architectural and cultural monuments, and it is also the city of museums, many of which were created over the centuries.

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If this ad doesn't suit you, have a look at the other shopping centers for sale in Freising.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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