- 27,285,000 €
- 4.7% yield
- Hessen Office 772,000 €
- Basic parameters
- Photo
№ 1,895,983
Office 1,000 m² in Hessen
772,000 €
772 € /m²
- Total area 1,000 m²
- Yield 4.0%
- Lease term 2023
- Constructed 1985
Key project parameters
- Total area
- 1,000 m²
- Constructed
- 1985
Project description
Office space with a well-known tenant.
Description
Commercial space with a total area of 1,000 m².
Tenants
- Agreement
- Yes
- End of lease
- 2023
The property is fully let. The tenant is the largest international company for express delivery of goods and documents.
The lease agreement is valid until 2023.
Financial performance
- Yield
- 4.0%
The annual income is 39,000 €.
The yield is 5%.
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 city with a population of over 200,000 inhabitants.
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 offices for sale in Hessen.
All ads in the country: offices 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
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- 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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