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60 000 000 €

Office in Frankfurt-am-Main, Germany, 16 700 sq.m
  • Office in Frankfurt-am-Main, Germany, 16 700 sq.m - picture 1
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  • Office in Frankfurt-am-Main, Germany, 16 700 sq.m - picture 1
  • Property ID on Prian.info: 3199053
    Last update: 28.08.2023
    Number of views: 4127

60 000 000 €

Office in Frankfurt-am-Main, Germany, 16 700 sq.m

16700 sq.m 4.36% per year
Residence Business on sale

  • Property ID on Prian.info: 3199053
    Last update: 28.08.2023
    Number of views: 4127

Specifications

Sale price 60 000 000 €
Price per square meter 3 592.81 €
Floor area 16 700 sq.m
Construction phase Resale
Number of storeys 5
Parking 468 places
Address Germany, Frankfurt-am-Main

Business on sale


Additional services

  • Residence permit upon purchase
  • Property management company

Finance

Profitability
Annual return 4.36 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Pay-off period 22.94 years

Rental income covers all the expenses in

Business expenses
Not included in the price

Description

An office complex consisting of two buildings in the nearest suburb of Frankfurt am Main.

Rental area: 16,700 m2

Room size: from 350 m2 to 3400 m2

Renditness: about 4.36 %

Factor: 22.94

Number of floors: 5

Parking spaces: 468 (286 in the underground garage)

Rental price per m2: bureau - from 10.50 to 12.80 euros, warehouse – from 6 to 7 Euros, underground Parking – from 70 to 80 Euros, ground – from 40

Purchase Option: Asset Deal or Share Deal

Location:Frankfurt am Main is the financial center of Europe, where the headquarters of the largest business players, including the European Central Bank, are located.

- strong projected population growth, including due to the relocation of jobs related to Brexit. Therefore, real estate in the Frankfurt region, both private and commercial, is in great demand among investors.

For the purposes of confidentiality and in accordance with the terms of the owner, photos of the object are not subject to publication. All additional information on off market objects is available on request.


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Representative

Alexander Ufnarovski
CEO
Languages: english
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Seller
Alexander Ufnarovski CEO

Estate-Service24

Languages: english
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