Portfolio
Office and Logistics Property – Wetzikon, Zurich
The ACRON HELVETIA VI Immobilien AG investment comprises an office and logistics property with production facility in Wetzikon in the Canton of Zurich. The building complex was constructed from 1975 to 1990 on a piece of land measuring 7,158 square meters (77,051 sq. ft.). All of the net leasable area of around 11,000 square meters (118,407 sq. ft.) is leased to Andreas Messerli AG.
The total financing amount for the investment company is CHF 18.8 million. The minimum investment is CHF 100,000, and the cash flow forecast indicates that investors can expect an initial annual return of 6.5 percent, rising to 7.0 percent annually.
Property in Detail
The Property
- Type of use
Office and logistics property with production facility
- Adress
Motorenstrasse 35
8623 Wetzikon, Zurich
Switzerland- Year constructed
1975 - Warehouse 1
1980 - Warehouse 2
1989 - Palm House
1990 - Addition to Warehouse 1- Site area
7,158 m² (77,051 sq. ft.)
- Net leasable area
approx. 11,000 m² (118,407 sq. ft.)
- Occupancy rate in % of total area
100
- Parking spaces
127 (50 of which are located in a parking garage)
The Tenant
- Tenant
Andreas Messerli AG
- Lease term
20-year fixed lease ending February 28, 2029, thereafter unlimited term with a 12-month notice period for termination
- Rent
From March 7, 2009: initially CHF 1,020,000 per year (net) plus VAT
- Incidental costs
Triple net lease: All incidental costs, renovation and repair costs, and maintenance costs for the property are borne by the tenant
- Indexing
Annual 70% indexing to the Swiss consumer price index starting on January 1, 2010 with a maximum annual increase of 1.5%
Key Figures (in CHF)
- Investment volume
18,000,000
- Share capital
7,800,000
- Borrowed funds
11,000,000
