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35 Avenue De Paris 3,132 SF Office/Retail Condo Unit Offered at $883,309 in 95600 Eaubonne
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Investment Highlights
- Strategic location
- In the immediate vicinity of major roads
- No work required
Executive Summary
This property consists of a residential building with commercial spaces on the lower floors. Located in the heart of a vibrant neighborhood in Eaubonne, this building enjoys a strategic location in close proximity to major roadways, public transportation, and numerous shops, services, and public facilities. The environment is particularly well-suited for tertiary or service-oriented activities, offering visibility, accessibility, and a high-quality professional setting for businesses.
Property Facts
| Total Building Size | 39,450 SF | Typical Floor Size | 6,577 SF |
| Property Type | Multifamily (Condo) | Year Built | 1975 |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | C | Lot Size | 0.40 AC |
| Floors | 6 |
| Total Building Size | 39,450 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 6,577 SF |
| Year Built | 1975 |
| Tenancy | Single |
| Lot Size | 0.40 AC |
Amenities
Unit Amenities
- Balcony
Site Amenities
- On-Site Retail
- Fiber Optic Internet
1 Unit Available
Unit 1
| Unit Size | 3,132 SF | Cap Rate | 9.10% |
| Price | $883,309 | NOI | $80,396.43 |
| Price Per SF | $282.03 | No. Parking Spaces | 2 |
| Condo Use | Office/Retail | APN/Parcel ID | 95203000AE0575 |
| Sale Type | Investment | Agency Fee | 5.00% of sale price |
| Unit Size | 3,132 SF |
| Price | $883,309 |
| Price Per SF | $282.03 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| NOI | $80,396.43 |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 95203000AE0575 |
| Agency Fee | 5.00% of sale price |
Description
This commercial space with a total area of 291 m² (Carrez law), spread over two levels (ground floor and first floor), offers a functional configuration including a reception area, several offices and meeting rooms, all in good general condition. Accessible directly from the street through an independent entrance and benefiting from a window overlooking the avenue, it also has two parking spaces in the basement, complemented by surface car parks located just in front of the building. The property is located in a mixed-use building, in a dynamic environment, in the immediate vicinity of numerous shops, public services and transport infrastructures.
Sale Notes
The premises are currently leased to SERGIC, a SAS with a share capital of €24,346,456. The 3/6/9 commercial lease was renewed on July 1, 2019, with the next three-year term set for July 1, 2028. The annual rent excluding taxes and charges is €68,298, or €17,074.50 per quarter, plus quarterly charges of €1,942.53. The property tax is fully passed on to the tenant. Rent payments are up to date, with no known disputes, ensuring rental stability and asset security, further strengthened by the tenant's solidity and local presence.
The property is offered for sale at a net seller price of €750,000. This acquisition offers an attractive gross yield of 9.1%. The marketing fees amount to 5% excluding tax of the sale price, payable by the buyer.
+1 More
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Plan
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Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Presented by
35 Avenue De Paris
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