Office building with an anchor tenant in the federal state of Hessen.
The current rental income is 235,388 €.
The expected rental income is 278,024 €.
The current yield is 6.73%.
The expected yield is 7.94%.
88% of the property is let.
The anchor tenant is a major company, selling wear parts for vehicles.
The tenancy contract has been concluded till 2037 with no right of termination until 2027.
The property is located in the federal state of Hessen, in a town with a population of about 100,000 people.
Hessen 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.
