Office Building in the Province of Gelderland for Sale, Lease Agreement Ends 2026, Freehold
Property type: office building
Purchase of established rental business
Tenure: freehold
Location: the province of Gelderland, the Netherlands
• the property is located in a city with a population of more than 100,000
Construction year: 1990’s
Building size: ca. 6,000 m2
Land area: ca. 2,800 m2
Car parking: 70+ spaces
Main tenant: State Institution
• Single-tenant
• Occupancy: 100%
Lease Agreement ends: 2026
Possibility of renewal: YES
Rent Review: YES
Purchase price: 11,760,000 EUR (negotiable)
(+ closing costs)
Rental Income: 1,194,000 EUR per annum
(+ indexation linked to inflation)
Yield: 10.2%