13700 Marignane 27,448 SF 51% Leased Retail Building $3,759,883 ($136.98/SF) 7.32% Cap Rate

Commercial building for sale with an area of 2,550 m² located on a plot of 5,800 m², located in a shopping area including a LIDL, an IBIS hotel, restaurants and a craft area. The property offers an additional construction possibility of 400 m² in R + 1 as well as 200 m² on the mezzanine in the space currently occupied by a tenant. It is occupied by several tenants including a barter space of 1,000 m², a painting company on 550 m², a dance school on 270 m², a salad bar restaurant on 180 m², a drinks wholesaler on 250 m², and a company occupying the first floor on 250 m². Rents are expected to increase over the coming years, with gross profitability estimated at 7.81% in 2025, 8.57% in 2026 and 9.3% in 2027. Property tax and charges are re-invoiced to the tenants. The site has a very large car park and potential to install solar panels on 2,500 m² as well as charging stations for electric vehicles. The property has been owned for 30 years by an SCI, all of whose shares can be sold (with reduced transfer fees), or sold in full ownership.