Hotel with commercial spaces in one of the top locations in Frankfurt.
Description
The hotel building is in excellent condition.
The hotel includes 150 rooms. The total area of the hotel is about 3,850 m².
The tenant is a well-known hotel operator who manages more than 100 hotels.
The lease agreement is valid for 20 years + renewal option for 2x5 years.
The property is located in one of the popular areas of Frankfurt, not far from the Frankfurt Messe exhibition complex.
Frankfurt am Main is the largest city in the land of Hessen and the 5th largest city in Germany. Its population is more than 730,000 people. Frankfurt is the center of commerce, culture, education, tourism and a transport hub. Frankfurt is the 2nd city in Germany and the 48th in the world in terms of the cost of living (Mercer Human Resource Consulting).
There are about 43,000 companies in Frankfurt. The city is the site of many global and European corporations: Nestlé Deutschland, LinkedIn, Kern AG, Lufthansa Consulting. Messe Frankfurt — the 3rd largest international exhibition center in the world, has more than 800-year history. Annually Messe Frankfurt holds more than 100 exhibitions around the world.
Frankfurt International Airport is among the 10 largest in the world, its passenger traffic is more than 54 million people a year.
There are the world's largest educational institutions in Frankfurt, including the world-famous Goethe University with more than 44,000 students (2018).