Medical centre Polyclinic Berlin Lichtenberg for sale

New leases and 8,8% % yield on asking price of 7,3M 

Medical Centre  10369 Berlin      

New Price 7,300,000 €  8,8% Yield

Built: 1978/1979

Renovated and modernized:2008

Plot Size: ca. 7.020 m²

Gross Building Surface: ca. 8.900 m²

Floor Space: ca. 7.400 m²

Net Annual Rental Income 642.000 €

The owners have negotiated a new lease with the anchor tenant who will extend his operation into the next floor.

NEW LEASE SIGNED with ANCHOR TENANT 10 years

The extended floor space will be further upgraded and refurbished to the 1st class standard of the ground floor by the current owners!

Rent income Net. 642,000 €

Lease: - Multiple tenants 100%

indexation for newly negotiated contracts.

Purchase Price: 8,100,000 €   (Factor: 12,86; Yield: 7,78%)

NEW PRICE 7,300,000 €  Yield 8,8%