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95100 Argenteuil 4,306 SF Retail Building $1,568,026 ($364.19/SF) 6.54% Cap Rate
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Investment Highlights
- Occupied building with a secure rent of 87,000€ HT/year
- Free independent apartment with a rental potential of €18,000/year
- Grassed courtyard and functional premises
Executive Summary
In Argenteuil, this occupied building of 400 m² represents an investment opportunity with a secure lease and attractive yield. It consists of a commercial space on the ground floor, currently set up as a daycare over approximately 200 m², a 175 m² area with direct pedestrian access, a 65 m² space accessible to vans, and a 30 m² basement accessible via a private staircase.
Located on a plot with a grassed courtyard at the back, the entire property is leased by a national group under a 3/6/9 lease signed on January 1, 2022. The annual rent amounts to €87,000 excluding taxes, with charges fully covered by the provision paid by the tenant. The property tax is also the responsibility of the tenant.
Rent: €87,000/year excluding charges fully covered by the provision paid
An independent-entry apartment located on the top floor of 90 m², with a potential annual rental value of €18,000
An apartment of 90 m², with an independent entrance, is located on the top floor and is currently vacant. Its potential annual rental value is estimated at €18,000.
Located on a plot with a grassed courtyard at the back, the entire property is leased by a national group under a 3/6/9 lease signed on January 1, 2022. The annual rent amounts to €87,000 excluding taxes, with charges fully covered by the provision paid by the tenant. The property tax is also the responsibility of the tenant.
Rent: €87,000/year excluding charges fully covered by the provision paid
An independent-entry apartment located on the top floor of 90 m², with a potential annual rental value of €18,000
An apartment of 90 m², with an independent entrance, is located on the top floor and is currently vacant. Its potential annual rental value is estimated at €18,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
< 15,000 SF
Building Class
C
Year Built
1960 - 1969
Price
$1,568,026
Price Per SF
$364.19
Cap Rate
6.54%
NOI
$102,570
Tenancy
Single
Amenities
- Security System
1 1
Nearby Major Retailers
1 of 2
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"95100 Argenteuil"
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