It is a commercial center in the city of Bad Homburg, Hessen.
Description
The five-storey corner building area of 3,235 m², situated on a plot of 979 m², was built in 1983.
Area distribution:
- physiotherapy praxis 1,670 m²;
- retailer 608 m²;
- offices 953 m².
The object is kept in good condition. The heating system was replaced in 2012, facades were modernized in 2015, all windows are fitted with shading blinds.
The entrance is separated and is connected to the building underground.
There is an underground garage for 77 places.
Power consumption of the building 254,4 kWh/m² per year, gas heating.
All the space is rented. Retail areas were prepared for new tenant to move in.
Absolute income is 458,482 €.
The current yield of 6,45%.
The building is leased out to several tenants.
Anchor tenant is physiotherapy praxis MAINTAIN, the lease contract is signed until 2027.
Retail areas are leased out to KiK, lease contract is signed for 10 years until 2025.
