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35 Avenue De Paris 3,132 SF Office/Retail Condo Unit Offered at $882,405 in 95600 Eaubonne
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INVESTMENT HIGHLIGHTS
- Strategic location
- In close proximity to major roadways
- No work needed
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 | $882,405 | NOI | $80,314.13 |
| Price Per SF | $281.74 | 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 | $882,405 |
| Price Per SF | $281.74 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| NOI | $80,314.13 |
| 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), is spread over two levels (ground floor and upper floor) and offers a functional layout including a reception area, several offices, and meeting rooms, all in good general condition. It is directly accessible from the street through an independent entrance and features a storefront facing the avenue. Additionally, it includes two underground parking spaces, complemented by surface parking located directly across from the building. The property is situated within a mixed-use building in a dynamic environment, in close proximity to numerous shops, public services, and transportation infrastructure.
SALE NOTES
The premises are currently leased to SERGIC, a SAS (simplified joint-stock company) 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 to expire on July 1, 2028. The annual rent, excluding taxes and charges, amounts to €68,298, or €17,074.50 per quarter, with an additional €1,942.53 in quarterly charges. 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 financial solidity and local presence.
The property is offered for sale at a net seller price of €750,000. This acquisition provides an attractive gross yield of 9.1%. Sales fees amount to 5% excluding taxes of the sale price, payable by the buyer.
+1 More
Intérieur
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Plan
Intérieur
Intérieur
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
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35 Avenue De Paris
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