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06110 Le Cannet 9,429 SF Retail Building $2,321,387 ($246.19/SF)

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SALE NOTES

Great Investment Opportunity! For sale: partially occupied premises of a standalone building located in the Rocheville district of Le Cannet. The building offers excellent visibility on a busy road. Total area: 876 m² over 3 levels: a large commercial space on the ground floor of 195 m² occupied by a reputable tenant, an easily divisible office space of 220 m² on the first floor, and 3 storage units in the basement accessible by vehicle: one of 130 m² currently vacant, 52 m² occupied, and 280 m² occupied. The property includes parking space for about ten vehicles. No issues with rent payments from current tenants. Expected income considering the already occupied spaces and rental values of currently vacant spaces: 147,118 Euros per year, offering a 7.4% return! Price including agency fees: 1,995,000 Euros.

PROPERTY FACTS

Sale Type

Owner User

Property Type

Retail

Building Size

9,429 SF

Price

$2,321,387

Price Per SF

$246.19

ENERGY

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Energy performance diagnosis (EPD)

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Consumption (primary energy): Unavailable

Greenhouse gas (GHG) emission index

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Emissions: Unavailable

Geohazards

Information about risks relating to this property can be found at https://www.georisques.gouv.fr/.

ABOUT LE CANNET, 06110

Great Investment Opportunity! For sale: partially occupied premises of a standalone building located in the Rocheville district of Le Cannet. The property boasts excellent visibility on a busy vehicular thoroughfare. **Total area:** 876 sq. meters across 3 levels: - A large ground-floor commercial space of 195 sq. meters, currently occupied by a reputable tenant. - A 220 sq. meter office space on the first floor, easily divisible. - Three storage units in the basement, accessible by vehicle: one of 130 sq. meters (currently vacant), one of 52 sq. meters (occupied), and one of 280 sq. meters (occupied). The property includes a parking lot with space for approximately ten vehicles. There are no issues with rent payments from the current tenants. **Projected annual income**, considering the occupied spaces and rental potential of the vacant units, is €147,118, offering a **7.4% return**! **Price (including agency fees):** €1,995,000.

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