Commercial Building Leased For Long Term

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Listing ID: 700240847

Listing Title: Commercial Building Leased For Long Term

Quick Link: http://www.globalbx.com/listing.asp?bId=240847

Industry: Real Estate

Industry Segment: Other Real Estate

Country: Germany

State / Province:

Area

City: Aschaffenburg

Asking Price Range: $2.5M - $5.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1990

Number of Employees: 50 - 99

Business Description:
Commercial building, leased for a long term, near the city of Aschaffenburg (Bavaria). The property consists of three buildings (office and logistics), leased, mostly at Deutsche Post. Building 1990 buildings. Good condition. Total area - 6 218 sq. m. There are 160 places for Parking. Passenger Elevator. Gas Central heating. Aschaffenburg - University city district in Germany, in Bavaria. Subject to administrative district of lower Franconia. The population is 68 722 (as at 31 December 2009). The facility is located a two minute walk from public transport, a five minute trip to the station, a two minute trip up the highway. The cost of the facility 3 700 000 euros. The yield is 8% per annum. The lease agreement with Deutsche Post signed until June 30, 2020 and may be extended. The documents are ready to deal. Additional information is available upon request.



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