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77220 Gretz-Armainvilliers 22,604 SF Flex Building $1,882,464 ($83.28/SF)
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INVESTMENT HIGHLIGHTS
- More than 1000 m² occupied by the same tenant for several years
- Estimated total income: 196,428€ HT/HC/YEAR or 11% profitability
EXECUTIVE SUMMARY
An independent real estate complex with an area of 2,100 m² is offered for sale on a plot of 2,400 m², spread over three levels. The ground floor includes 8 activity cells totaling 700 m², with a ceiling height of 3.5 meters. The first floor houses an office space of 700 m², including 8 lots and 2 apartments. The second floor, for its part, offers an office space of 700 m² to be finished. The entire ground floor as well as a large part of the first floor are currently occupied by the same tenant, who has been present for several years. The current rental income amounts to 106,428€ HT/HC/YEAR, offering a profitability of 6.4%. The estimated total income after adjustments is 196,428€ HT/HC/YEAR, i.e. an estimated profitability of 11%. The building also benefits from heavy vehicle access, ideal for activities requiring easy access for high-capacity transport.
PROPERTY FACTS
| Price | $1,882,464 | Rentable Building Area | 10,000 - 60,000 SF |
| Price Per SF | $83.28 | Year Built | 2010 - 2019 |
| Agency Fee | 5.00% of sale price | Tenancy | Single |
| Sale Type | Investment | Parking | Yes |
| Property Type | Flex | Drive In Bays | Yes |
| Building Class | B |
| Price | $1,882,464 |
| Price Per SF | $83.28 |
| Agency Fee | 5.00% of sale price |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | B |
| Rentable Building Area | 10,000 - 60,000 SF |
| Year Built | 2010 - 2019 |
| Tenancy | Single |
| Parking | Yes |
| Drive In Bays | Yes |
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