Office Building in Frankfurt Area for Sale, AAA Tenant, Long-term Lease Agreement
Property type: office building
Purchase of established rental business
Location: Frankfurt Rhein-Main urban area, the state of Hesse, Germany
• just a 20 minutes’ drive from Frankfurt city centre
Building size: ca. 5,100 m2
Area size: ca. 3,300 m2
Car parking: 160+ spaces
Tenant: the world-renowned manufacturer
• single tenant
• AAA tenant
Occupancy: 90%
Vacant commercial space: ca. 500 m2
Lease Agreement: long-term lease agreement
Possibility of renewal: YES
Rent Review: YES
Purchase price: offers in excess of 30,300,000 EUR
(+ closing costs)
Rental Income: 1,200,000 EUR per annum
(+ indexation linked to inflation)
Yield: 4.0%
Extra opportunities:
• Possibility to increase yield in case of renting out vacant commercial space;
• Potential Yield (at 100% occupancy): 4.4%.
