Markische Allee 65, 14797 Großbeeren
Location
Großbeeren with its population of around 6,500 inhabitants is located in the federal state of Branderburg approximate 24 km south of the German capital Berlin. The subject property (“Markische Allee 65”) is located within a commercial area (GVC) north of the town centre of Großbeeren surrounded by other logistic properties as well as petrol station and development land.
Description
The property was constructed in 2006 and is overall in good condition. The property comprises a 1-2 storey building complex with office and social space in addition to storage space for short term distribution as well as warehouse space used for mi-term storage on ground floor level. The property has no basement.
Accommodation
The property comprises a total of approximately 8,038 sqm thereof approximately 885 sqm office space and 7,153 sqm warehouse space.
Tenure
Freehold
Tenancies
The subject property is currently let on the basis of a single 15 year commercial lease expiring on 31 May 2021.
Current Income
Gross: €634,800 per annum exclusively (Six Hundred Thirty Four Thousand Eight Hundred Euros).
Zaunheimer Strasse 7, 56072 Koblenz
Location
Koblenz with its population of around 108,000 inhabitants is located in the federal state of Rhineland-Palatinate approximately 80 km south of Cologne. The subject property is located within a commercial area (GVZ) west of the town centre or Koblenz surrounded by other logistic properties and development land.
Description
The property was constructed in 2005 and is overall in good condition. The property comprises a one storey building complex with office and social space in addition to storage space for short term distribution on ground floor level. The property has no basement.
Accommodation
The property comprises a total of approximately 2,432 sqm thereof approximately 587 sqm office space and 1,865 sqm warehouse space.
Tenure
Freehold
Tenancies
The subject property is currently let on the basis of a single 12 year commercial lease expiring on 1 November 2018.
Current Income
Gross: €249,300 per annum exclusively (Two Hundred Forty Nine Thousand Three Hundred Euros).
Industriestrasse 2, 65439 Weilbach-Flörsheim
Location
Koblenz with its population of around 19,600 inhabitants is located in the federal state of Hesse approximately 25 km south-west of Frankfurt. The subject property is located within a commercial area in the district Weilbach about 4 km north of Flörsheim´s town centre.
Description
The property was constructed in 1996 and is overall in normal condition. The property comprises a one storey building storage hall plus cross dock in addition to social / offices areas and a repair area.
Accommodation
The property comprises a total of approximately 4,850.82 sqm thereof approximately 3,024 sqm cross dock space, 437,66 sqm repair area and 266,36 social and office space.
Tenure
Freehold
Tenancies
The subject property is currently let on the basis of a 10 year commercial lease expiring on 1 November 2016.
Current Income
Gross: €480,000 per annum exclusively (Four Hundred Eighty Thousand Euros).