Commercial property 6 000 m² in Baden-Württemberg, Germany

Germany Federal State Baden-Württemberg, admin. Tübingen district, Lake Bodenskoye, Logistic-warehouse complex (11.5%) Commercial facility: a new large logistics and warehouse complex under construction in an industrial zone in the Lake Constance Lake region in southwestern Germany. The facility is well located: there are trips to the expressways and borders with Austria and Switzerland. Land area: 10345m2 Useful building area: 6000m2 Ceiling height: 9.5m End of construction: end of 2017 An agreement has already been concluded with the German furniture concern ROSO for the rental of the complex for a period of 12 years with the option of extension 2 times for 3 years. ROSO is a network of furniture shopping centers (100 branches) with an annual turnover of more than 1bn. Euro. ROSO will use the complex for storing and transporting its goods. On the territory of the complex: storage space, a small office for employees and for the issuance of goods. Income from rental per year: 352,800 € (7.4% per annum brutto, 6.3% per annum netto) It is possible to obtain a loan in the amount of 3,000,000 € at 2% per annum. Return on equity subject to the purchase of an object using credit funds: 11.5% per annum Object price: 4,762,000 €