- 27,285,000 €
- 4.7% yield
- Hessen Office building 3,500,000 €
- Basic parameters
- Photo
№ 2,342,005
Office building 4,300 m² in Hessen
3,500,000 €
813 € /m²
- Total area 4,300 m²
- Yield 6.73%
- Cost in euros per m2 813 €
- Constructed —
Key project parameters
- Leasable area
- 3,000 m²
- Total area
- 4,300 m²
Project description
Office building with an anchor tenant in the federal state of Hessen.
Tenants
- Agreement
- Yes
- End of lease
- 2037
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.
Financial performance
- Yield
- 6.73%
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%.
Location and nearby infrastructure
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.
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.
Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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