Commercial Property for Sale in Cottbus Germany

 

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Commercial Property on Estate "Wohnen am Klinikun"
Leipziger Str. 44-45b
DE 03048 Cottbus

 Deutsch
Kind of Property Detached Office Building
Year built abut 2001
Stories 3 incl. built-out Loft Space plus Attic
Elevator Yes
Site of whole Estate 2,980 sqm / 0.74 acre
Kind of Use Office, Doctor's Office, Medical Service, Retail, Residential
Total Floor Space about 1,155 sqm/ 12,428 sq. ft.
Units 12 (10 Tenants)
Parking Lots 24
Actual Monthly Net Rent about EUR 7,305 plus utilities
Monthly Rent Parking EUR 193
Total Monthly Net Rent EUR 7,498 plus utilities
Actual Annual Net Rent EUR 89,981 plus utilities incl. parking
Kind of Purchase Shares of the Owner's Association (476/1,000), Freehold Co-Ownerships
Sales Price EUR 940,000
Sales Price per sqm EUR 814
Cap Rate about 10.45-times the Rent Roll
Rental Yield about 9.6%
Visual Impressions
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Property Location
Further Details
Location Cottbus is a district-free city within the federal state Brandenburg, located in the Niederlausitz region. It has a population of about 102,000 and is besides Potsdam the 2nd largest city of Brandenburg. There are a lot of theatres, museums, historic buildings and public parks as well as educational facilities like a university and advanced technical colleges, e.g. for the building and metal construction industry. Furthermore it's the base of several big enterprises and energy supplying companies.

Bus and streetcar are available in close surroundings. In addition the city has 4 train stations of the regional and national railway service. By car the city is reachable by the A 13 and A 15 state highways as well as the B 97, B 115 and B 169 federal roads.

The border of the Republic of Poland is about 30 km, the airport Berlin-Schoenefeld (BBI) about 100 km, Dresden about 110 km, Berlin about 130 km, Leipzig about 180 km (240 km by motorway) and the capital of the Czech Republic, Prague, about 300 km away.
Description The complex is located south of the main train station, close to the city center and opposite the hospital Carl-Thiem-Klinikum.

The estate houses a reconstructed building with new walk-up extension at the front plus a detached new elevator building at the back. Year of construction and renovation is 2001.

Features are tiled or carpeted floors, gas central heating and hot-water system, thermal insulated facade. PVC double glazed windows, restrooms for handicaped people on the upper floors as well as door opener and voice intercom system.
Structure of Tenants Tenants are office users, medical practice and natural health pro as well as a residential unit on the front block. The rear building is occupied by 2 shops, a service office and another doctor's office.
Miscellaneous The offer is subject to confirmation and free of commission for the buyer.

Details based on statements of the owner. We can't assure for their correctness and/or their wholeness consequently. Errors in details and transmission as well as mistranslations reserved.
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