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34090 Montpellier 3,875 - 5,381 SF Condo Units



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EXECUTIVE SUMMARY
Thélène Entreprises offers a rare opportunity for sale in the highly sought-after Euromédecine area, located in the northern part of Montpellier. ### Property Features: **Total area:** 860 m², divided into two distinct units: - **360 m² of commercial space**, currently vacant, spread across two levels. Includes a central patio of 36 m² and 7 private parking spaces. - **500 m² on a single level** + a storage mezzanine, featuring heavy vehicle access and approximately 20 parking spaces. This unit has been leased to a leading national brand for nearly 25 years, ensuring stable profitability. **Total plot size:** 2,300 m², offering high visibility in a dynamic and strategic neighborhood. The 360 m² unit complies with ERP standards, making it ideal for commercial, medical, or office activities. **Additional features:** Full air conditioning, alarm system, and video surveillance installed. --- ### Accessibility and Surroundings: - **Public transport:** Tram and bus stops located just 200 meters away, ensuring easy access for employees and clients. - **Nearby amenities:** Health centers, research facilities, laboratories, and the Euromédecine business park. --- ### Financial Details: - **360 m² unit:** Previously rented for €4,450/month (€53,400/year). - **500 m² unit:** Currently rented for €4,550/month (€54,600/year). - **Gross yield:** 8%. **Sale price:** €1,340,000 net seller, equivalent to €1,558/m². **Additional fees:** 5% excluding VAT of the net seller price for marketing fees. --- ### Contact Information: To schedule a visit or obtain more details, contact Thélène Entreprises. Explore all our listings on our website: [https://www.thelene-entreprises.com](https://www.thelene-entreprises.com). Information about risks associated with this property is available on the Géorisques website: [www.georisques.gouv.fr](https://www.georisques.gouv.fr).
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Floors | 1 |
| Property Type | Retail | Year Built | 2010 - 2019 |
| Total Building Size | < 15,000 SF |
| Property Type | Retail |
| Floors | 1 |
| Year Built | 2010 - 2019 |
2 UNITS AVAILABLE
| Unit Size | 3,875 SF | Agency Fee | 5.00% of sale price |
| Condo Use | Retail | Property Tax | $3.37 /SF/YR |
| Sale Type | Investment |
| Unit Size | 3,875 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Agency Fee | 5.00% of sale price |
| Property Tax | $3.37 /SF/YR |
| Unit Size | 5,381 SF | Agency Fee | 5.00% of sale price |
| Condo Use | Flex | Property Tax | $2.43 /SF/YR |
| Sale Type | Investment |
| Unit Size | 5,381 SF |
| Condo Use | Flex |
| Sale Type | Investment |
| Agency Fee | 5.00% of sale price |
| Property Tax | $2.43 /SF/YR |
NEARBY MAJOR RETAILERS
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