Do not miss the opportunity to purchase a new office building in Ludwigshafen am Rhein (Rhineland-Palatinate). Property with area of more than 10 000 sq. m. was built in 2012 - 2013 on a plot of more than 7 000 sq.m. There is a private parking for 220 cars.
At the moment, the building is being rented by a single tenant with whom a lease agreement was signed until mid-2023. The contract provides for three options for renewal of two years each.
Price - 37 000 000 euros
The total area is 10 000 sq. m.
Rental income - € 2,350,000 / year
Profitability - 6.35%
Ludwigshafen am Rhein is a city in Germany, a city of land subordination, located in the state of Rhineland-Palatinate. The second largest in the Rhineland-Palatinate, an important industrial and economic center of the earth. Together with its Baden-Württemberg neighbor Mannheim and other nearby cities, Ludwigshafen am Rhein forms the metropolitan region of Rhine-Neckar. Other major neighboring cities are Heidelberg (approximately 25 km to the south-east), Karlsruhe (50 km to the south) and Mainz (60 km to the north). The city is the most famous chemical concern BASF. The population is about 170 thousand people.
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