Commercial center in the suburbs of Frankfurt

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Commercial center in the suburbs of Frankfurt

4,500,000 €
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Yield: 5.0% Built in 2004
  • Absolute return: 225,000 €
  • Land area: 6,200 m²
  • 5-floor building
  • Number of parking lots: 27
  • Lettable area: 1,510 m²
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%

It is a commercial center investment just a few kilometers away from Frankfurt.

Description

The total area of office premiese is 1,510 m².

The plot of 6,200 m².

The attic floor accomodates three luxury apartments with mountain views.

The property was constructed in 2004 and now is in excellent overall condition.

There is a parking for 27 spaces.

Features

  • high-end equipment;
  • triple-glazed windows;
  • heated floors and modern corporate convection heating;
  • four built-in kitchens;
  • cafeteria;
  • high-quality alarm system with video surveillance;
  • intercom with a video camera;
  • two lockable garages;
  • balconies in the apartments;
  • automated heating and appliances control system;
  • LAN ports in each room;
  • four flagpoles with electrical wiring.

Financial performance

Absolute income is 225,000 €.

The current yield of 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 located in a suburb of Frankfurt, just a few meters from the entrance to the city.

The motorway is in close proximity, public transport is within the walking distance, 20 minutes to the central station, 30 minutes to the airport.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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