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95100 Argenteuil 4,306 SF Retail Building $1,560,502 ($362.44/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
$1,560,502
Price Per SF
$362.44
Cap Rate
6.54%
NOI
$102,078
Tenancy
Single
AMENITIES
- Security System
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NEARBY MAJOR RETAILERS
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"95100 Argenteuil"
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