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06400 Cannes 1,615 SF Retail Building $1,163,603 ($720.68/SF)
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SALE NOTES
For Sale - Leased Commercial Property, 150 m² - Cannes City Center
Our firm offers you a rare investment opportunity in the heart of downtown Cannes, just 50 meters from the Croisette.
These commercial premises, approximately 150 m² in size and in excellent condition, benefit from a premium location in the highly sought-after Banane district, an area with strong tourist and commercial appeal.
The space, featuring a 9-meter linear frontage, is currently leased and operated as a bar/restaurant. The interior fittings are recent and well-maintained, offering maximum visibility and a constant pedestrian flow.
Rental and Financial Data:
Commercial lease signed on 07/01/2017Annual rent excluding taxes and charges: €66,112Annual charges: €4,680Taxes: property tax and TEOM shared between landlord and tenantSale price: €1,000,000 net to sellerAgency fees: 6% excluding taxes of the sale priceEstimated gross yield: 5.5% (excluding rights and fees)
This asset represents a secure investment opportunity, with a tenant in place and stable profitability in a high-value area. Ideal for an investor seeking a quality investment on the French Riviera, combining strategic location, solid return, and rental longevity.
Available immediately.
Complete file and visit available upon request from our firm.
Our firm offers you a rare investment opportunity in the heart of downtown Cannes, just 50 meters from the Croisette.
These commercial premises, approximately 150 m² in size and in excellent condition, benefit from a premium location in the highly sought-after Banane district, an area with strong tourist and commercial appeal.
The space, featuring a 9-meter linear frontage, is currently leased and operated as a bar/restaurant. The interior fittings are recent and well-maintained, offering maximum visibility and a constant pedestrian flow.
Rental and Financial Data:
Commercial lease signed on 07/01/2017Annual rent excluding taxes and charges: €66,112Annual charges: €4,680Taxes: property tax and TEOM shared between landlord and tenantSale price: €1,000,000 net to sellerAgency fees: 6% excluding taxes of the sale priceEstimated gross yield: 5.5% (excluding rights and fees)
This asset represents a secure investment opportunity, with a tenant in place and stable profitability in a high-value area. Ideal for an investor seeking a quality investment on the French Riviera, combining strategic location, solid return, and rental longevity.
Available immediately.
Complete file and visit available upon request from our firm.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$4,995
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,995
|
-
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026)
| Taxes | |
|---|---|
| Annual | $4,995 |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,995 |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
< 15,000 SF
Price
$1,163,603
Price Per SF
$720.68
1 1
NEARBY MAJOR RETAILERS
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Locopro Entreprises
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