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77170 Coubert 3,035 SF 100% Leased Retail Building $428,151 ($141.05/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 excellent condition featuring, on the ground floor, a commercial space of 176.34 m² currently operated as a restaurant, compliant with PMR (accessibility for persons with reduced mobility) and ERP (public establishment) standards. On the upper floor, there are two private apartments 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 thoroughfare with free parking nearby, just a two-minute walk from the town center and the D319. The property is currently leased under a commercial lease agreement valid until May 2026.
- Sale price for the property, including agency fees: €369,940
- Annual rental income: €26,736 (no VAT), monthly: €2,228 (no VAT).
- Commercial lease ends on May 2, 2026.
- Rent adjustments every 3 years, based on the ILC index from Q4 2016.
- Property tax is paid by the tenant.
- Sale price for the property, including agency fees: €369,940
- Annual rental income: €26,736 (no VAT), monthly: €2,228 (no VAT).
- Commercial lease ends on May 2, 2026.
- Rent adjustments every 3 years, based on the ILC index from Q4 2016.
- Property tax is paid by 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
$428,151
Price Per SF
$141.05
Cap Rate
7.22%
NOI
$30,913
Percent Leased
100%
Amenities
- Courtyard
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"77170 Coubert"
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