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77170 Coubert 3,035 SF Retail Building $424,058 ($139.70/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 featuring a ground floor commercial space of 176.34 m² currently operated as a restaurant, compliant with accessibility and public building standards, and two private apartments on the upper floor totaling 105.54 m². The entire property, with a built area of 281.88 m² on a 645 m² plot, is located on a busy road with free parking nearby, just a two-minute walk from the town center and the D319. The property is occupied under a commercial lease valid until May 2026.
- Sale price of the property, including agency fees: €369,940
- Annual rent received: €26,736 (no VAT), monthly: €2,228 (no VAT).
- Commercial lease ends on May 2, 2026.
- Rent reviewed every 3 years, based on the ILC index of the 4th quarter of 2016.
- Property tax is the responsibility of the tenant.
- Sale price of the property, including agency fees: €369,940
- Annual rent received: €26,736 (no VAT), monthly: €2,228 (no VAT).
- Commercial lease ends on May 2, 2026.
- Rent reviewed every 3 years, based on the ILC index of the 4th quarter of 2016.
- Property tax is the responsibility 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
$424,058
Price Per SF
$139.70
Cap Rate
7.22%
NOI
$30,617
Amenities
- Courtyard
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"77170 Coubert"
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