Germany
Land of North Rhine-Westphalia
ezen (Detmold)
New apartment building
Commercial 4-storey building divided into 11 units: medical offices (private medical practice), bank, pharmacy.
Year of construction of the building: 2013
Previously, part of the building was the city hall
Land area: 2938m2
Area for rent: 2835,13m2
Currently, 93.5% of the commercial area has been leased.
Number of parking spaces: 57
Heating type: central
Condition: Excellent
Several contracts have been concluded for a very long time, which ensures a permanent composition of tenants.
The location of the object: the very center of Hiddezen, a busy intersection with bus stops. Nearby is the Teutoburg Forest - a famous resort and tourist area.
Rental income per year
(subject to the rental of 100% of the premises): 303,764.88€
It is possible to obtain a mortgage loan in the amount of 2,600,000€ at 3.2% per annum
Profitability on the condition of a loan: 11% per year
Price: 4,000,000€
