Office building, Hesse, Germany

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Office building, Hesse, Germany

2,100,000 €
2,333 € /m²
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  • Total area
    900 m²
  • Yield
    4.8%
  • Built in 
    2002
Details
Property parameters
  • Land area: 1,100 m²
  • Number of parking lots: 16
Financial performance
  • Annual income: 101,000 €
Tenants
  • Fully let
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 5.0% + VAT

Office building in the federal state of Hesse.

Description

The modern building with an area of 900 m² includes 6 office premises and 3 shops.

Financial performance

The annual income is 101,000 €.

The yield is 4.8%.

Tenants

The property is fully let.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6%.

Brokerage fee is 5% + VAT 19% (total 5.95%).

Location and nearby infrastructure

The property is located in the federal state of Hesse, in the center of a town with a population of 30,000 inhabitants. Distance to Frankfurt — 40 km, to Darmstadt — 50 km.

Hesse is a state in the west-central part of Germany. Hesse is bounded by the states of Lower Saxony to the north, Thuringia to the east, Bavaria to the southeast, Baden-Württemberg to the south, Rhineland-Palatinate to the west, and North Rhine–Westphalia to the northwest. Its capital is Wiesbaden.

More properties

If this ad doesn't suit you, have a look at the other office buildings for sale in Hessen.

All ads in the country: office buildings for sale in Germany.

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