Office building in Munich

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Office building in Munich

45,000,000 €
4,504 € /m²
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  • Total area
    9,990 m²
  • Yield
    5.1%
  • Built in 
    2007
Details
Property parameters
  • Land area: 4,430 m²
  • Number of parking lots: 62
Financial performance
  • Annual income: 2,311,706 €
Tenants
  • Fully let
  • End of lease: 2024
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT

It is a modern office building for sale.

Description

The total area is 9,990 m².

The plot of 4,430 m².

The building was constructed in 2007 and now is in perfect condition.

There is an underground parking for 62 vehicles.

All areas are leased out to a single major tenant.

Financial performance

Absolute income is 2,311,706 €.

The current yield of 5,1%.

Tenants

The tenant is one of the major German carmakers.

The lease agreement is signed until 2024 and includes extension options.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 4%.

More properties

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

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

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    Marina Filichkina,
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