Logistics complex with long-term lease agreements.
Description
The building with a leasable area of 3,000 m² is located on a land plot of 6,000 m².
The property was renovated in 2021.
Financial performance
The annual income is 200,000 €.
The yield is 5.5%.
Indexation of rent is provided.
Tenants
The building is fully leased to two reliable tenants.
Lease agreements are concluded until 2026 and 2029 with the extension options.
Transaction costs
Notary (state registration) is 1.5–2%.
Acquisition tax is 5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
Location and nearby infrastructure
The property is located in Lower Saxony.
Lower Saxony is situated in northwestern Germany. It is the second largest state and fourth largest in population (7.9 million).
