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34090 Montpellier 5,167 SF Office Building $1,375,673 ($266.26/SF)
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Executive Summary
Thélène Entreprises is offering for sale a two-story office building (ground floor + 1), fully renovated in 2016, located in the dynamic Euromédecine district, north of Montpellier.
Currently leased under a new lease starting July 1, 2025, the annual rent is €76,800 excluding taxes, providing a yield of 6.4%.
Net seller price: €1,200,000 (equivalent to €2,500/m²).
With a total area of approximately 480 m² (including shared common areas), the building features two levels with functional, bright, and flexible spaces:
Ground floor - 203 m²: reception area, equipped meeting room, 6 partitioned offices, open space.
First floor - 277 m²: 10 partitioned offices, open space, fitted kitchen.
The property also includes:
- Restrooms on each level
- A technical room (TGBT)
- Accessibility for persons with reduced mobility (PMR)
- 16 private outdoor parking spaces
Additional advantages for investors:
- High visibility on a busy road
- Occupied building with a new lease effective July 1, 2025
- Active tertiary environment with good transport links
- Low operating costs
Agency fees are additional and payable by the buyer: 5% excluding taxes of the net seller price.
A rare opportunity in the Montpellier market, combining a strategic location with secure returns.
Find all our listings on our website: https://www.thelene-entreprises.com/
Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr
Features:
- Partitioned offices
- Fixed partitions
- Lighting
- Suspended ceiling
- Welcoming lobby
- Kitchenette
- Social room
- Number of private outdoor parking spaces: 15
- Open space
- Hardwood flooring
- Closet(s)
- Meeting room
- Private restrooms
Currently leased under a new lease starting July 1, 2025, the annual rent is €76,800 excluding taxes, providing a yield of 6.4%.
Net seller price: €1,200,000 (equivalent to €2,500/m²).
With a total area of approximately 480 m² (including shared common areas), the building features two levels with functional, bright, and flexible spaces:
Ground floor - 203 m²: reception area, equipped meeting room, 6 partitioned offices, open space.
First floor - 277 m²: 10 partitioned offices, open space, fitted kitchen.
The property also includes:
- Restrooms on each level
- A technical room (TGBT)
- Accessibility for persons with reduced mobility (PMR)
- 16 private outdoor parking spaces
Additional advantages for investors:
- High visibility on a busy road
- Occupied building with a new lease effective July 1, 2025
- Active tertiary environment with good transport links
- Low operating costs
Agency fees are additional and payable by the buyer: 5% excluding taxes of the net seller price.
A rare opportunity in the Montpellier market, combining a strategic location with secure returns.
Find all our listings on our website: https://www.thelene-entreprises.com/
Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr
Features:
- Partitioned offices
- Fixed partitions
- Lighting
- Suspended ceiling
- Welcoming lobby
- Kitchenette
- Social room
- Number of private outdoor parking spaces: 15
- Open space
- Hardwood flooring
- Closet(s)
- Meeting room
- Private restrooms
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Property Tax |
$14,756
|
$4.18
|
| Office Tax |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,756
|
$4.18
|
Taxes & Operating Expenses (Actual - 2025)
| Property Tax | |
|---|---|
| Annual | $14,756 |
| Annual Per SF | $4.18 |
| Office Tax | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $14,756 |
| Annual Per SF | $4.18 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
< 15,000 SF
Building Class
C
Price
$630,517 - $1,375,673
Price Per SF
$266.26
About MONTPELLIER, HER 34090
THELENE ENTREPRISES offers for sale, on a main thoroughfare in the northern part of Montpellier, in the EUROMEDECINE district, an independent office building with two levels (ground floor + 1st floor) consisting of: - 125 m² of office space on the ground floor - 129 m² of office space on the first floor The property is sold with 11 parking spaces. **Sale Price:** €600,000 NET SELLER **Agency fees:** Additional 6% excluding VAT, payable by the buyer, based on the net seller price. Find 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](www.georisques.gouv.fr)
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