709320 | Germany Frankfurt-Main New Office Building Yield 5

Germany Frankfurt-Main New Office Building Yield 5% with AAA Tenant + 20 Years , Object Type Office , Rentable Area 47,000 m2 , Number of Parking Spaces 420 Parking Space Type Underground Garage.

Overview

Property Type For Sales- Investment

Object Type Office

Rentable Area 47,000 m2

Commercial 1

Rental income target 14,500,000

Multiplier target 27.2

Yield target in % Minimum 4% also, this building is already fully occupied by tenants, all major firms as this is in the city of Frankfurt and get one 5% Yield.

Investment type Core

Purchase form Asset Deal , Share Deal

Plot Area Ca 13,885 m2

Total Floor Space Ca 47,000 m2

Commercial Area 47,000 m2

Walt >10 Years

Occupancy Rate % 100%

Condition Mint

Number of Parking Spaces 420

Parking Space Type Underground Garage

Distance to next public transit 4 Mins

Distance to next highway 10 Mins

Distance to next train station 17 Mins

Years of Construction Ca 2021

Description

Outstanding opportunity at the end of the year! A new office building is being constructed

by a Frankfurt project developer in the office and finance metropolis of Frankfurt am Main.

Modern office space will be created on several floors on approximately 47,000 m2. Tenant

of the new office building is a well-known bank, which will rent the building at 100%. The

lease agreement has already been signed for a fixed term of > 20 years.

Large glass facades at the front sides of the office blocks allow a wide view and outlook.

The office blocks hang like monitors above a two-storey plinth that connects the office

blocks with each other. Construction work already started last year.

In addition to the 420 underground parking spaces, another 300 bicycle and 26 motorcycle

parking spaces will be created.

The property is located in the famous Frankfurt office quarter, which extends over more

than 100 hectares and has increasingly become a residential and mixed-use area in recent

years. The area is characterised by various skyscrapers, which are rather small to medium

in size compared to the skyscrapers in the central Frankfurt banking district.

Location

The largest city in Hesse has been one of the economic and cultural centers of Germany

since the Middle Ages. Today, Frankfurt am Main is an important international financial

center and an important industrial and trade fair location. It is above all the open, relaxed

and international atmosphere that makes the city so worth living in.

The demand for real estate in Frankfurt is high. Young people in Frankfurt are also well

provided for in terms of education. In addition to numerous general education schools, the

city has two universities, two art colleges and several technical colleges. Numerous

hospitals, doctors and pharmacies also provide good medical care.

Frankfurt offers a wide range of cultural activities. In addition to a unique museum

landscape, Frankfurt offers a lively theater, music and literature scene. The Frankfurt Book

Fair, which has been held since the 15th century, attracts thousands of visitors to the city

every year. With a high density of restaurants, everyone can find something to suit their

tastes in Frankfurt. The nearby Taunus Mountains and the vineyards of the Rheingau

promise relaxation. In the city itself, beautiful parks and the banks of the Main invite

visitors to linger and relax.

Frankfurt am Main is one of the most important traffic junctions in Europe and is home to

one of the largest international airports in the world. The main train station is one of the

busiest passenger stations and is a stop for numerous ICE lines. Public transport is

provided by a city rail and streetcar network and several bus lines. The A5, A3, A66 and

A661 freeways connect Frankfurt to the German freeway network several times.

Nevertheless, many destinations can be easily reached by bicycle.

We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties for non-buying) showing the financial credibility and interest of the potential buyer.