Frankfurt am Main Cap rate: ca. 3,8 % Office Build Print this pagePrint this page
Frankfurt am Main Cap rate: ca. 3,8 % Office Build
Type: buy
€765.000.000,00
Seller
Quantity: 1
Availability: yes
Location: Frankfurt am Main
Description
<p><strong>Frankfurt am Main </strong><strong>Cap rate</strong><strong>: ca. 3,8 % Office Building The Tower in &nbsp;Germany is a 180+ meter tall building situated in the heart of Frankfurt's financial district </strong><strong>Lettable area </strong><strong>67.000m2 </strong><strong>Own underground parking</strong><strong>: 280 public and 286 private spaces in Germany.</strong></p>
<p><strong>Location</strong>:</p>
<p>Frankfurt am Main,</p>
<p>The Tower in Frankfurt Germany is a 180+ meter tall building situated in the heart of</p>
<p>Frankfurt's financial district.</p>
<p><strong>Construction year </strong>:</p>
<p>1993</p>
<p><strong>Refurbishment year</strong>:</p>
<p>2014 and 2017</p>
<p><strong>Type of use</strong>:</p>
<p>Modern office asset in the middle of Frankfurt CBD</p>
<p><strong>Lettable area</strong>:</p>
<p>67.000m2, 1.400m2 per floor</p>
<p><strong>Own underground parking</strong>:</p>
<p>280 public and 286 private spaces</p>
<p><strong>Tenancy</strong>:</p>
<p>The office tower is now fully leased with 90 percent of the rent derived from long-term leases with</p>
<p>Deutsche bank and xxxxbank.</p>
<p><strong>Occupancy Rate</strong>:</p>
<p>Very high</p>
<p><strong>WALT</strong>:</p>
<p>New agreements soon with bank, so it will be safe and long term</p>
<p><strong>Rent Income</strong></p>
<p>&euro;28.3m net pa</p>
<p><strong>Cap rate</strong>:</p>
<p>ca. 3,8 %</p>
<p><strong>Environmental certificate</strong>:</p>
<p>SUSTAINABILITY + GREEN BUILDING</p>
<p>LEED gold certification for existing buildings (2012)*, air conditioning with natural fresh air inside</p>
<p>the building, cooled using heat instead of electricity, natural cooling using outside air,</p>
<p>environmentally friendly waste recycling,</p>
<p>(*LEED is the internationally recognized benchmark for top-quality &lsquo;green buildings&rsquo;)</p>
<p>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.</p>
<p><strong>&nbsp;</strong></p>

Ad Specification
contact
Sellers website: www.sellandbuyworld.com
General
use Office Bulding
For Sale Broker
Construction Year 1993
Area Building 67.000m2, 1.400m2 per floor
Bathrooms yes
Stories yes
Parking Spaces 280 public and 286 private spaces
Seating restaurant yes
Features-Amenities
Furnished yes
Cable/Satellite TV yes
High-Speed Internet yes

Images

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Frankfurt am Main Cap rate: ca. 3,8 % Office Building The Tower in Germany is a 180+ meter tall building situated in the heart of Frankfurt's financial district Lettable area 67.000m2 Own underground parking: 280 public and 286 private spaces in Germany
Frankfurt am Main Cap rate: ca. 3,8 % Office Building The Tower in Germany is a 180+ meter tall building situated in the heart of Frankfurt's financial district Lettable area 67.000m2 Own underground parking: 280 public and 286 private spaces in Germany.