A three-storey building with office premises.
Description
The total area of the building is 1,837 m²
In 2002, the builidng was renovated.
The office building is leased out to a single tenant.
Absolute annual income is 124,108 euro.
The current yield is 8.3%.
The tenant is the government institution.
The lease agreement is valid through 2027 and includes extension options.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The broker's fee of 3%.
The office building is located in the city with the population of about 15 thousand people, in the state of Hessen.