95100 Argenteuil 5,963 SF Retail Building $1,503,385 ($252.11/SF) 6.54% Cap Rate

In Argenteuil, this occupied 400 m² building represents an investment opportunity with a secure lease and an attractive return. It consists of a commercial space on the ground floor, currently converted into a nursery on about 200 m², a 175 m² space with direct access for pedestrians, a 65 m² room accessible to vans and a 30 m² basement accessible by a private staircase.
Located on a plot with a grassed courtyard at the back, the complex is rented by a national group under a 3/6/9 lease signed on January 1, 2022. The annual rent is €87,000 excluding VAT, with charges fully covered by the provision paid by the tenant. Property tax is also borne by the lessee.
A 90 m² apartment, with separate entrance, is located on the top floor and is currently free. Its potential annual rental value is estimated at €18,000.