Hanover Property - Hans-Boeckler-Allee 11 30173 Hanover (Germany)

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LOCATION Lower Saxony
TARGET MARKET Hanover Market
DESCRIPTION The Hanover Property is located at the address municipally known as Hans-Boeckler-Allee 11, 30173, Hanover, Germany and is a seven storey building constructed in 2000. The building is comprised of 124,076 square feet (11,527 square metres) of leaseable office space consisting of a basement, a ground floor and six upper floors. The property is of typical reinforced construction with a clinker-brick/glass-steel facade and a flat roof. It has 3 main entrances and 169 outdoor parking spaces to the rear of the building. It is located in the industrial part of Hanover, near a major road leading into the city centre which is approximately three kilometres away. The property is also within close proximity to public transport such as buses and trains. Inovalis has managed the property since December 21, 2007.
TOTAL GLA 124,076 sq.ft
OFFICE GLA 124,076 sq.ft
RETAIL GLA 0 sq.ft
OCCUPANCY 100%
PARKING 169
BUILT 2000
GROSS INCOME $CAD 1,819,000
WALT 10.3 years
% OF TOTAL GLA 9%