+44 20 3608 1267

Office building in Munich with a 5,1% yield

45,000,000 €
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Total area: 9,990 m² Yield: 5.1%
  • Absolute return: 2,311,706 €
  • Land area: 4,430 m²
  • Built in 2007
  • Renter: 100%
  • Number of parking lots: 62
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.8%

It is a modern office building for sale.

Description

The total area is 9,990 m².

The plot of 4,430 m².

The building was constructed in 2007 and now is in perfect condition.

There is an underground parking for 62 vehicles.

All areas are leased out to a single major tenant.

Financial performance

Absolute income is 2,311,706 €.

The current yield of 5,1%.

Tenants

The tenant is one of the major German carmakers.

The lease agreement is signed until 2024, there are extension options.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 3,5%.

The broker's fee of 4,76%.

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