Office center with commercial premises, Cologne, Germany

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Office center with commercial premises, Cologne, Germany

17,500,000 €
3,028 € /m²
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  • Total area
    5,778 m²
  • Yield
    6.4%
  • Built in 
    2006
Details
Property parameters
  • Land area: 14,418 m²
  • Number of parking lots: 287
Financial performance
  • Annual income: 1,113,650 €
Tenants
  • Fully let
  • End of lease: 2027
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.5%
  • Broker: 4.0% + VAT

Office building.

Description

The total area of the building is 5,788 m².

The construction was built in 2008.

The price includes a parking for 280 places for cars and 7 for trucks.

All premises are leased.

Financial performance

Absolute annual income is 1,113,650 €.

The current yield of 6.4%.

Tenants

Anchor tenant is a state structure.

The lease agreement is valid until 2027.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 6.5%.

The broker's fee of 4%.

Location

The building is located in Cologne, not far from the city center.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Cologne.

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    Marina Filichkina
    Marina Filichkina,
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