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77170 Coubert 3,035 SF 100% Leased Retail Building $434,391 ($143.11/SF) 7.22% Cap Rate
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INVESTMENT HIGHLIGHTS
- Strategic location
- Good accessibility
EXECUTIVE SUMMARY
For sale in Coubert (77170), a building in perfect condition comprising on the ground floor a commercial space of 176.34 m² currently used as a restaurant, in compliance with PMR and ERP standards, and upstairs two private apartments totalling 105.54 m². The complex, with a built area of 281.88 m² on a plot of 645 m², is located on a traffic axis with free car parks in the immediate vicinity, a two-minute walk from the city center and the D319. The property is occupied under a commercial lease in force until May 2026.
- Sale price of the walls including agency fees: 369,940€
- Rent received annually: €26,736 (no VAT), monthly: €2,228 (no VAT).
- Commercial lease that ends on May 02, 2026.
- Rent review every 3 years, ILC index for the 4th quarter of 2016.
- Property tax at the expense of the tenant.
- Sale price of the walls including agency fees: 369,940€
- Rent received annually: €26,736 (no VAT), monthly: €2,228 (no VAT).
- Commercial lease that ends on May 02, 2026.
- Rent review every 3 years, ILC index for the 4th quarter of 2016.
- Property tax at the expense of the tenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
< 15,000 SF
Building Class
B
Year Built
1980 - 1989
Price
$434,391
Price Per SF
$143.11
Cap Rate
7.22%
NOI
$31,363
Percent Leased
100%
AMENITIES
- Courtyard
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"77170 Coubert"
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