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84000 Avignon 15,392 SF Retail Building $1,106,769 ($71.90/SF)
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Sale Notes
AVIGNON - INVESTMENT OPPORTUNITY - LEASED COMMERCIAL PROPERTY
PROCOMM offers for sale a commercial real estate complex of approximately 1,430 sq. ft., built on a 3,409 sq. ft. plot, located in a prime area of Avignon.
Currently operated as a food retail business, the property is sold occupied and generates an annual rent of €97,000 excluding taxes and charges, representing an immediate gross yield of 10.10% based on the asking price.
The building is particularly well-suited for large-scale retail operations, featuring approximately:
- 1,000 sq. ft. of retail space
- 300 sq. ft. of storage
- 75 sq. ft. of office and social spaces
- 55 sq. ft. of technical rooms
- Around 45 private parking spaces
- Delivery access
- 3,409 sq. ft. of land
**A PARTICULARLY ATTRACTIVE INVESTMENT OPPORTUNITY**
Offered at €960,000 including fees, the property is priced at approximately €672 per built square meter.
This price point is one of the key advantages of the investment: it combines a gross yield of over 10%, a highly competitive acquisition price per square meter, and intrinsic real estate value tied to the land, parking, and commercial configuration of the site.
The current rent is approximately €68 per sq. ft. per year, which is notably low for this type of asset in the Avignon area. This situation also offers favorable potential for rental growth and value appreciation in the medium to long term.
The commercial lease was renewed in 2022 and runs until March 31, 2031, subject to the triennial termination options stipulated in the lease.
**KEY FIGURES**
- Sale price: €960,000 including fees
- Annual rent: €97,000 excluding taxes and charges
- Gross yield: 10.10%
- Built area: approximately 1,430 sq. ft.
- Land area: 3,409 sq. ft.
- Parking: around 45 spaces
- Acquisition price: approximately €672 per sq. ft.
This is an opportunity for investors seeking high immediate returns combined with a property acquired at a particularly attractive price per square meter.
A complete investment dossier is available upon request after buyer qualification, including lease details, rental and legal information, plans, technical data, market analysis, and tenant-related information.
**PROCOMM AVIGNON - Commercial and Investment Real Estate**
PROCOMM offers for sale a commercial real estate complex of approximately 1,430 sq. ft., built on a 3,409 sq. ft. plot, located in a prime area of Avignon.
Currently operated as a food retail business, the property is sold occupied and generates an annual rent of €97,000 excluding taxes and charges, representing an immediate gross yield of 10.10% based on the asking price.
The building is particularly well-suited for large-scale retail operations, featuring approximately:
- 1,000 sq. ft. of retail space
- 300 sq. ft. of storage
- 75 sq. ft. of office and social spaces
- 55 sq. ft. of technical rooms
- Around 45 private parking spaces
- Delivery access
- 3,409 sq. ft. of land
**A PARTICULARLY ATTRACTIVE INVESTMENT OPPORTUNITY**
Offered at €960,000 including fees, the property is priced at approximately €672 per built square meter.
This price point is one of the key advantages of the investment: it combines a gross yield of over 10%, a highly competitive acquisition price per square meter, and intrinsic real estate value tied to the land, parking, and commercial configuration of the site.
The current rent is approximately €68 per sq. ft. per year, which is notably low for this type of asset in the Avignon area. This situation also offers favorable potential for rental growth and value appreciation in the medium to long term.
The commercial lease was renewed in 2022 and runs until March 31, 2031, subject to the triennial termination options stipulated in the lease.
**KEY FIGURES**
- Sale price: €960,000 including fees
- Annual rent: €97,000 excluding taxes and charges
- Gross yield: 10.10%
- Built area: approximately 1,430 sq. ft.
- Land area: 3,409 sq. ft.
- Parking: around 45 spaces
- Acquisition price: approximately €672 per sq. ft.
This is an opportunity for investors seeking high immediate returns combined with a property acquired at a particularly attractive price per square meter.
A complete investment dossier is available upon request after buyer qualification, including lease details, rental and legal information, plans, technical data, market analysis, and tenant-related information.
**PROCOMM AVIGNON - Commercial and Investment Real Estate**
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,500
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,500
|
-
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $6,500 |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,500 |
| Annual Per SF | - |
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
15,392 SF
Price
$1,106,769
Price Per SF
$71.90
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Nearby Major Retailers
Banque Populaire Méditerranée
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