Commercial premise in a new building in Frankfurt

Photos available on request

Contact a manager at Tranio.com, and we will find you a suitable Office or property from among our 100,000 offers across 53 countries around the globe

Commercial premise in a new building in Frankfurt

2,289,000 €
Mortgage calculator
Send a request
Total area: 416 m² Yield: 3.9% Built in 2017
Send a request
Features
  • Absolute return: 89,141 €
  • 7-floor building
  • 1 floor
  • Percentage of the rented area: 100%
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0%
  • Total rooms: 1

It is a commercial unit investment on the ground floor of a seven-storey building.

Description

The total area of the property is 416 m².

The premise is located in the building, scheduled for completion in the second quarter of 2017.

The property will be used as kindergarten according to the lease agreement.

The builder is a large company with more than 40 years of experience.

Additional information

There are 2 more commercial units on the ground floor:

  • retail premise, price of 1,274,311 €;
  • restaurant, price of 1,532,839 €.

The entire ground floor can be purchased for € 5.5 million.

Financial performance

Absolute income is 89,141 €.

The current yield of 3,9%.

Tenants

Tenant is the city of Frankfurt.

The lease agreement is signed for 10 years until 2027.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Location

The property is located in the new developing quarter of Frankfurt, estimated real estate investments here will be about € 1 billion in the next 2–3 years.

Public transport is within the walking distance, Central railway station is within 7 minutes by walk, the airport is 13 minutes away.

More properties

If this property wasn’t for you, take a look at other offices for sale in Germany.

You can see more offices for sale in Frankfurt am Main elsewhere on our website.

Similar listings

We select ads that may interest you.

Submit a request for a purpose proposal
Sofiya Bulanova
Sofiya Bulanova
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services