- Saxony Warehouse 800,000 €
- Basic parameters
- Photo
№ 2,357,441
Commercial building, Saxony, Germany
800,000 €
1,038 € /m²
- Total area 770 m²
- Yield 8.97%
- Lease term 2030
- Constructed 1997
Key project parameters
- Total area
- 770 m²
- Constructed
- 1997
Project description
Building with a responsible tenant.
Tenants
- Agreement
- Yes
- End of lease
- 2030
The property is fully let. The tenant is a major company.
The tenancy contract was concluded till 2030 with 2x5 years extension options.
Financial performance
- Yield
- 8.97%
Location and nearby infrastructure
The property is located in the federal state of Saxony, in a town with a population of about 10,000 inhabitants.
Saxony is a federal land in the FRG, located in the east of the country. The capital city is Dresden. The population of the region is more than 4 million people.
The most important branch of industry is automobile with a share of 27% of all sales. It is followed by the metallurgical sector with a share of 13%, machine construction with a share of 12%, as well as electrical engineering/ microelectronics with a share of 11.6% of Saxony's industrial turnover.
Saxony is known in the world for its higher education institutions with long traditions and high status: Leipzig University, Dresden Technical University, Freiberg Mining Academy.
Saxony attracts numerous tourists with the presence of many world-class culture monuments, delightful natural landscapes, and a well-developed tourist infrastructure.
More properties
If this ad doesn't suit you, have a look at the other warehouses for sale in Saxony.
All ads in the country: warehouses 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.
-
Property maintenance and insurance
-
Search for tenants, contracting, and control over rent collection
-
Arrangements for bookkeeping and tax advice
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 10%
- exit period
- 3 years
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
Top 3 commercial properties of December
Apartment building with a yield of 7.9% in a prestigious area of Porto, Portugal
- 3,300,000 €
- 8.0% yield
Supermarket with a tenant in the historical center of Barcelona, Spain
- 2,280,000 €
- 5.0% yield
Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
If you have any questions about finding or buying a property, please do not hesitate to contact us via WhatsApp
We will respond during office hours.
After communicating with us, you will be better equipped to continue your search on your own or to use our services.
Similar listings
We select ads that may interest you.