Business Center With Long Term Tenants

Listing ID: 700239966

Listing Title: Business Center With Long Term Tenants

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Industry: Business Services

Industry Segment: Other Services

Country: Germany

State / Province:


City: Berlin

Asking Price Range: $20.0M - $35.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1958

Number of Employees: 35 - 49

Business Description:
A business center with long term tenants, in the centre of Berlin. The building was constructed in 1958 and renovated in 2004. Total area - 6 170 sq. m. This striking modern building is a stylish business center, which offers its customers a wide range of services and technical support. The office space is equipped with the latest technology and well equipped, tenants will also have access to large conference halls. The building has a high level of security, there is plenty of Parking, including on-site business centre. This business centre is located in the sought after area of Berlin, near the square, Gendarmenmarkt and Potsdamer Platz. There are numerous highways that make it easy to reach from the city center, including the subway, bus and train station. The cost of the property is 20 400 000 euros. Profitability is approximately 6% per annum. The building is 96% occupied by tenants, a well-known and large companies. The documents are ready to deal. Additional information is available upon request.

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