Office building in a suburb of Frankfurt

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Office building in a suburb of Frankfurt

2,900,000 €
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Total area: 2,100 m² Yield: 7.5% Built in 1982
  • Absolute return: 218,000 €
  • Land area: 2,700 m²
  • 3-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 40
  • Most recent total renovation: 1998
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%

We offer you an office building a few minutes'drive from Frankfurt city center.

Description

The total building area is 2,100 m².

The plot of 2,700 m².

The ground, first and second floors are fully occupied with office premises, the underground floor has utilitiy premises in addition to the offices.

The building was constructed in 1982, it is currently in excellent overall condition.

Offices are equipped with kitchens, modern wiring, lightweight walls.

The room in the southern part of the underground floor is has natural light and a separate entrance. The other rooms of the underground floor is accessible via an internal staircase.

There is a parking for 40 spaces.

All premies are leased out.

Financial performance

Absolute income is 218,000 €.

The current yield of 7,5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Location and nearby objects

The property is situated near the A661 road, which is connected to the A5 highway.

Frankfurt city center and the airport may be reached is several minutes by car.

Public transport, train and the metro stations are within the walking distance.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Frankfurt am Main
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