Office building with a reliable tenant in the city of Lünen.
Description
The building is located on the main pedestrian street of the city and leased out on a long-term basis.
The property is in excellent condition.
The net annual income is 93,000 €.
The net yield is 5.7%.
The property is fully let.
Long-term lease agreement with reliable tenant.
Notary (state registration) is 1.5–2%.
Acquisition tax is 6.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
The building is located in the center of Lunen, a city in North Rhine-Westphalia with a population of about 100,000. The distance to the Dortmund airport is only 15 km. Düsseldorf is 1 hour away by car.
North Rhine-Westphalia is the land of the Federal Republic of Germany with a population of 17.5 million people (the most populated of the German lands). It ranks 4th in Germany in terms of area.
22% of Germany’s GDP comes from NRW. The main industry in NRW is engineering and equipment manufacturing, biotechnology, chemical industry, and etc.
North Rhine-Westphalia is the center of trade in Germany, because it houses the headquarters of several leading German trading concerns with the largest turnover, for example, Deutsche Telekom AG, ALDI NORD, Die Deutsche Post, Bayer, Lufthansa Group, REWE. DE.
