Fully-leased office building, Bologna, Italy

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Fully-leased office building, Bologna, Italy

6,700,000 €
7,000,000 €
1,030 € /m²
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  • Total area
    6,500 m²
  • Yield
    6.0%
  • Rental rate (m²/month)
    8 €
  • Built in 
    1992
Details
Property parameters
  • Leasable area: 4,000 m²
  • Number of parking lots: 80
  • 10-floor building
Financial performance
  • Annual income: 402,000 €
Tenants
  • Fully let
  • End of lease: 2031

Office building with a long-term lease agreement in Bologna.

Description

The office building occupies eight floors, and also has two underground floors for parking.

Equipment

  • high quality finishing
  • marble facades
  • 2 elevators
  • double glazed windows
  • false ceilings
  • raised flooring
  • energy consumption class C

Financial performance

The absolute annual income is 402,000 €.

Current yield is 6%.

Tenants

The contract is concluded with several tenants for a period of 6 + 6 years.

Location

The property is located in Bologna, within Borgo Masini district, 350 meters from the railway station, in a walking distance from the historic city center and 1 km from the exhibition district. There are also two parks, the Piazzola market and the oldest University in Europe located nearby.

Bologna, the capital of the Emilia-Romagna Region, is the seventh most populated city of Italy.

Bologna is an important junction of road and rail communications

in the north of Italy. The presence of the international airport G.

Marconi makes it easily reachable even from abroad.

This city concentrates large cooperatives and multinational

companies in its region and it is also home to one of the most advanced exhibition districts in Europe.

Bologna is s one of the largest and best preserved a medieval city centres in Europe.

  • Property on the map
    Location right down to the building, street or city

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