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84000 Avignon 15,661 SF Vacant Flex Building $1,535,716 ($98.06/SF) 7% Cap Rate
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INVESTMENT HIGHLIGHTS
- Dual building offering great flexibility of use
- Strategic location in a well-connected business area
- Ground-level access with functional layouts
EXECUTIVE SUMMARY
This 1,455 m² activity space located in Avignon, within the dynamic Fontcouverte area, is offered for sale at a price of €1,312,500 excluding taxes. The property is situated on a 3,000 m² plot and includes two independent buildings, well-designed to accommodate mixed-use activities (offices, production, storage).
The property currently generates an annual rent of €92,000 excluding taxes until September 2024, offering a gross yield of approximately 7%. It will be completely vacant by spring 2025, presenting a genuine opportunity for rental repositioning or owner-occupancy.
Its strategic location, the variety of spaces, and the configuration of the buildings make it an attractive asset for both investors and end-users.
The property currently generates an annual rent of €92,000 excluding taxes until September 2024, offering a gross yield of approximately 7%. It will be completely vacant by spring 2025, presenting a genuine opportunity for rental repositioning or owner-occupancy.
Its strategic location, the variety of spaces, and the configuration of the buildings make it an attractive asset for both investors and end-users.
PROPERTY FACTS
| Price | $1,535,716 | Property Type | |
| Price Per SF | $98.06 | Building Class | C |
| Sale Type | Investment or Owner User | Rentable Building Area | 10,000 - 60,000 SF |
| Cap Rate | 7% |
| Price | $1,535,716 |
| Price Per SF | $98.06 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7% |
| Property Type | |
| Building Class | C |
| Rentable Building Area | 10,000 - 60,000 SF |
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Storage Space
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