84000 Avignon 15,661 SF Vacant Flex Building $1,521,969 ($97.18/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 15,656 sq. ft. (1,455 m²) business premises located in Avignon, within the dynamic Fontcouverte area, is available for sale at a price of €1,312,500 excluding VAT. The property sits on a 32,292 sq. ft. (3,000 m²) plot and includes two independent buildings, thoughtfully designed to accommodate mixed-use activities (offices, production, storage).
The property currently generates an annual rental income of €92,000 excluding VAT 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, versatile spaces, and the layout of the buildings make this asset appealing to both investors and end-users.
The property currently generates an annual rental income of €92,000 excluding VAT 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, versatile spaces, and the layout of the buildings make this asset appealing to both investors and end-users.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Wheelchair Accessible
- Storage Space
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