Logistics center with a reliable tenant in Bavaria.
Description
Logistics center with the gross leasable area of more than 6,000 m² in the suburbs of Augsburg.
The building was built in 2012.
The annual net income is 540,000 €.
The net yield is 5.4%.
The property is fully let. The tenant is a well-known logistics company with an annual turnover of more than 160 million euros.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The logistics center is located in the suburbs of Augsburg, the city of Bavaria with a population of about 300,000 people. Augsburg and its surroundings is an important center for logistics services in southern Germany with access to the A8, B17, B2 expressways.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
