Office & practice space in Upper Franconia – flexible, functional, successfully brokered
Whether a start-up, law firm, medical practice or medium-sized company – demand for suitable office and practice space in Upper Franconia is high and rising steadily. What owners need are reliable tenants with long-term prospects. What users need is space that is flexible, easy to reach and economically sensible. FrankenImmo brings both sides together – with market knowledge, sensitivity and many years of experience.
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Key points at a glance
- There is demand for modern, flexible and barrier-free office and practice space with parking and good accessibility.
- Practice space has special requirements for accessibility, technical installations and location.
- Investors see medical centres as a stable investment with long leases.
- Outdated office space takes longer to re-let and often needs investment.
- We broker space for rent and for sale and advise owners on positioning.
Changing demand – new requirements for space
The way people work and treat patients is changing. Flexible layouts, hybrid usage concepts, infrastructure suited to working from home, good accessibility and a pleasant environment are becoming more important. Medical practices need barrier-free access and well-structured waiting areas, law firms look for discreet consultation rooms, and IT firms demand high-speed internet and open-plan options.
Market data 2024 (examples):
- Average rent for office space in Bayreuth: €8.10/m²
- Average rent for practice space in Hof: €7.40/m²
- Demand up by 15% since 2022
Our service – individually tailored
For owners:
- Location analysis & positioning (e.g. proximity to hospitals, public authorities, town centres)
- Professional property brochure (Exposé) including floor plan optimisation
- Targeted approaches to sectors & users
- Contract advice, credit checks, tenant screening
For tenants & investors:
- Advice on space planning & conversion potential
- Support with funding for medical facilities
- Contract review & location assessment
- Support with lease negotiations & handover
Practical examples – our successes
- Brokerage of a 450 m² group medical practice in Kulmbach
- Letting of a coworking floor to a software start-up in Selb
- Sale of notary office space with an archive in Helmbrechts
- Long-term lease by a specialist medical centre in Naila
Why FrankenImmo?
- Excellent market knowledge in town & country
- Technical & legal know-how for conversion & use
- A network of specialist planners, doctors, service providers & public authorities
- Fast response, personal support, clear communication
What makes us special – our standards
We believe in property that works – not just on paper, but in everyday life. We see space not as a shell, but as a tool for productivity, well-being and profitability. Our advice goes beyond pure brokerage: we think along with you, help shape the solution and stay at your side.
"Our office space had been empty for over a year. Only with FrankenImmo did serious enquiries come in. After four weeks it was let." – Sabine W., owner in Wunsiedel
Talk to us about your office or practice space – for rent, for sale or for project development. We know the right users and deliver the right solutions.
What practice tenants expect
- Barrier-free access, ideally a lift and a step-free entrance
- Parking right by the building and good bus connections
- Sufficient ceiling heights and cabling for medical equipment
- Sound insulation and data privacy in waiting areas
- Proximity to other practices, a pharmacy or the hospital
- The option of long-term leases with an extension option
Offices: what has changed
Since working from home became widespread, companies are looking for less but better space: meeting rooms, flexible workstations, good acoustics, fast internet and a pleasant environment. For owners of older offices, this means that investment in technology, accessibility and energy efficiency will decide whether the space can be re-let.
Worked example: practice space in Bayreuth
180 m² on the first floor with a lift, rent €11.50/m², term ten years. Annual rent €24,840. For an investor, this space as part-ownership (Teileigentum) would be worth around €350,000 to €380,000 at a net initial yield of 6% – depending on the service charge arrangements, the tenant and the condition. More under Valuing commercial property.
Frequently asked questions
How long does it take to let practice space?
Often longer than flats, because practices plan for the long term and conversions are needed. Expect three to nine months – depending on location and fittings.
Can a flat be converted into a practice?
In principle yes, but this usually requires an approved change of use from the building authority. In owner-occupied apartment buildings, the declaration of division (Teilungserklärung) must also permit commercial use.
What is your property worth today?
A market-based valuation using real comparable sales from Upper Franconia – free, without obligation, usually within 48 hours.
- One personal contact for all of Upper Franconia
- Reply usually within 24 hours