Office Complex in Greater Amsterdam for Sale, WALE = 7.2 Years, Freehold
Property type: office complex
Purchase of established rental business
Number of buildings: 3
Location: Greater Amsterdam, the Netherlands
Total lettable area: ca. 7,100 m2
Car parking facilities: parking lot
Tenants: law firm, consulting company, software company, etc.
Weighted average lease to expiry (WALE): 7.2 years
Possibility of renewal: YES
Rent Review: YES
Purchase price: 17,800,000 EUR
(+ closing costs)
Rental Income: 1,160,000 EUR per annum
(+ indexation linked to inflation)
One of the office buildings can potentially be redeveloped for residential use on one plot.