Detached three-storey building.
Description
The total area of the building is 1,474 m²
The commercial center consists of 9 office premise and 1 storage premise.
One office unit with the area of 84 m² is vacant.
There is a parking for 6 cars in the courtyard of the building.
The commercial center was built in 1997 and now is in a good condition. The first and the second floors are provieded with air conditioning systems. The building has an elevator.
Absolute annual income is 123,523 euro.
The current yield of 5.1%.
Financial performance on the condition that all premises are leased out:
Absolute annual income is 132,091 euro.
The projected yield of 5.5%.
The anchor tenant is a day-care center. The lease agreement is valid until 01.05.2025 with extension option for 5 years.
Other tenants are medical offices and law firms.
Notary fee of 1.5–2%.
RE purchase tax of 6%.
The broker's fee of 6%.
The commercial center is located in the dormitory district in the eastern part of Berlin. There are parks and public transport stops situated within walking distance from the building. A railway station is situated within 2 kilometers away from the property.
