Office Building in the Province of North Brabant for Sale, Yield = 9.0%
Property type: office building
Purchase of established rental business
Location: the province of North Brabant, the Netherlands
Construction year: 2010
Building size: ca. 4,700 m2
Tenants: construction company, medical equipment manufacturer, consulting firm
Occupancy: 100%
Weighted Average Unexpired Lease Term (WAULT): 3.5 years
Possibility of renewal: YES
Rent Review: YES
Purchase price: 6,725,000 EUR
(+ closing costs)
Gross Rental Income: 605,000 EUR per annum
(+ indexation linked to inflation)
Gross yield: 9.0%