Commercial in city Dusseldorf
7869.00 sq.m.

€ 14 500 000

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Germany. Dusseldorf. Commercial center near the airport.
Profitable commercial center with reliable tenants in the airport area. Düsseldorf – Airport.
Structure 1993. building consists of 3 commercial units
The owner has done extensive renovation with a large redevelopment in 2016.
1) the Grocery store "Aldi", a long lease until 30.06.2025 + 3*5 options for the extension (from 2026 may increase the rent).
2) the Upper floors are leased to the municipal government of the city of düsseldorf, the main contract until 2021 plus 1 option to extend for 5 years until 2026, without the prior rights of termination. Under the lease after the expiration of the city is obliged to pass the object in the form in which it was adopted (i.e. to make repairs and pass the owner as he was originally enacted) . Maybe it will be possible to agree with the city that he will make the amount of money that the buyer can then use for redevelopment as a hotel or office.
3) part of the land leased to the airport Parking lot with an open-ended contract. On this site it is possible to carry out the construction of a 4-storey Parking and raise the rent.
Airline Eurowings moved the headquarters in Dusseldorf, thus, more flights, more passengers, more need for Parking lots, hotel rooms.
After the end of the lease agreement with the city of Dusseldorf, the building can be rebuilt with small investments in the hotel "2*+" with 134 rooms. Prior authorization for restructuring already granted by local authorities. Different great networkers have expressed their interest for the rental of the property after restructuring.
Since the adjacent building on 2 floors above, it is possible, and this building may be increased by 2 levels, but it depends on statics, and from the construction Department.
The building is located at a distance of 1km from airport Dusseldorf (DUS) in the Northern part of the city.
Square footage 10.446 m2
Common. Square 7.869 m2
Number of floors 3
The number of comments. units 3
Commercial space 6.998 m2
Year built 1993
Rehabilitation of 2016
Basement Yes
Parking 240
Heating Gas Central
Income 918.000,- €
The yield of 6.3 %
The price 14.500.000,00 €
Brokerage Commission and 4.76% (incl. VAT)
There are rides for the selection and purchase of this and other properties.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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