Property Detail

Office Building in Rotterdam for Sale, Lease Agreement Ends 2029, Freehold

Office Building in Rotterdam for Sale, Lease Agreement Ends 2029, Freehold

Property type: office building
Purchase of established rental business

Tenure: freehold

Location: Rotterdam, the Netherlands

Latest renovation: 2020

Lettable area: ca. 2,100 m2
Land plot: ca. 3,700 m2

Car parking facilities: ca. 60 spaces

Tenant:
• Strong single tenant
• Occupancy: 100%

Lease Agreement: until 2029
Possibility of renewal: YES
Rent Review: YES

Purchase price: 7,316,000 EUR
(+ closing costs)

Gross Rental Income: 446,000 EUR per annum
(+ indexation linked to inflation)

Gross Yield: 6.1%

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