Description
Office building with EDEKA supermarket + 2 apartments
in Essen
Description
* Great location on the busy shopping street in Essen
* General condition of the object, well maintained
* Very good rental rate of 96%
* The possibility of increasing the rent by leasing existing vacancies
* Attractive tenants (private medical offices, offices, apartments and retail
trade)
* EDEKA network supermarket as a high quality anchor tenant (rents since 1995
of the year)
* Own underground parking
* Penthouse (173 m2) is used free of charge during the life of the tenant (contract since 1986)
Type: residential and office building with retail space
Anchor tenant: EDEKA chain supermarket
Lease agreements: an average of 5 more years
Year of construction: 1986
Land area: 1.519 sq.m.
Rentable area / (empty): 2,181 sq. M. (97 sq.m.)
Retail: 809 sq.m.
Office space: 881 sq.m. (97 sq.m.)
Warehouse: 237 sq.m.
Number of apartments 2: 253 sq.m.
Parking spaces in
(underground garage): 32 (2)
Rented: 96%
Net cold rental current: 253.057 €
Net cold rent is possible: 266.575 €
Price: 3.800.000,00 €
Current profitability: 6.7%
Profitability possible: 7%
Commission: 5.95% incl. VAT
The proposed facility is located northeast of the center of Essen.
Currently, the property has about 97 m2 of vacant space. The
most have the potential to increase revenue by renting out vacant premises, and
also raising the rent of the second apartment. A total of tenants and
customers are provided with 32 parking spaces in the underground garage, as well as space for
parking on the street.
Essen has a population of about 590,000 and is one of the largest
cities of North Rhine-Westphalia. Nearby cities: Duisburg, about 23 km to the west,
Dusseldorf, about 35 km to the south and Dortmund, about 38 km to the east.
The proposed facility has a central location in the area on a busy main
shopping street. In the immediate vicinity of the facility is a bakery, pharmacy,
restaurants and cafes.
To the city center: 7.0 km
To central station: 6.4 km
Nearest public transportation: 0.3 km
All data provided is based solely on information
provided to us by the seller. Therefore we are not responsible for
completeness, correctness and relevance of this data.