Object description
The property operates as an office building with supplementary daycare center use and comprises a total of 11 rental units. Additionally, 71 underground parking spaces are available in a shared underground garage (co-ownership) with the adjacent residential complexes, ensuring an above-average parking ratio.
The building is fully basemented and heated by a gas central heating system.
A key anchor tenant is the Cologne Police Headquarters with a police station in building 310. This underlines the high location quality, the creditworthiness of the tenant structure, and long-term income security.
Building 308 is used as a medical and office building, complementing the usage mix with medical and service-oriented units.
The lease agreements are long-term. From July 1, 2026, the annual rent increases to € 770,312.64, and from January 1, 2027, to € 800,049.36, corresponding to a yield of over 7%. The seller provides a rental guarantee to secure ongoing rental income.
Summary: Solid, diversified tenant structure with a public anchor tenant, high parking ratio, and predictably rising cash flows – an attractive capital investment with sustainable earning potential and a low-risk profile.
Location & surroundings
The property is located in a sought-after northern city center area of Cologne, at the intersection of the districts Weidenpesch / Nippes / Niehl. The location combines an established business and service structure with very good urban accessibility and excellent infrastructural connections.
Nieler Straße is a significant traffic artery in northern Cologne, ensuring quick access to both the city center and the supra-regional road network (including Zoobrücke, North-South Axis, motorway connections A1/A57). The location is excellently accessible by car and public transport; several tram and bus lines are within walking distance.
The immediate vicinity is characterized by office and administrative uses, medical facilities, public institutions, and residential buildings, ensuring stable daily and visitor traffic. Shopping and supply facilities, gastronomy, and service providers are in the immediate vicinity, especially in the lively district of Nippes.
From an investor's perspective, the location is ideal for public users, medical facilities, office, and service businesses, and impresses with its sustainable rentability, the creditworthiness of the tenant structure, and its central position within a growing and sought-after urban area.
