It is a post office investment in one of the cities north-west of Frankfurt with a population of more than 20,000 people. Description
The total area is 1,098 m².
The plot of 4,780 m².
There will be a parking according to the blueprints.
The property will be commisioned in early 2017 and is already fully leased out.
Absolute income after commissioning will be 167,628 €.
The yield will be 6,9%.
Tenant is a postal company Deutsche Post DHL, which is one of the largest logistics companies in the world.
Deutsche Post DHL has branches in more than 220 countries worldwide. The company staff exceeds 340,000 employees.
The lease agreement is signed for 10 years from the date of commissioning, extension options for 2x5 years. In case of refusal to renew the contract the tenant has to pay a fine of 350,000 €.
Notary fee of 1,5%.
RE purchase tax of 6%.
The broker's fee of 5,95%.