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34000 Montpellier 2,314 SF of Retail Space Available
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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
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RENTAL RATE
| Space | Size | Ceiling | Term | Rental Rate | ||
| - | 2,314 SF | 18’11” | 3/6/9 | $23.11 /SF/YR HT-HC $1.93 /SF/MO HT-HC $53,485 /YR HT-HC $4,457 /MO HT-HC |
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Leasehold Rights: $154,614
- Security Deposit: 2 months of rent
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Property Tax: $1.81 /SF/YR $0.15 /SF/MO $4,186 /YR $348.86 /MO
- Finished Ceilings: 18’11”
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,314 SF | Property Type | Retail |
| Total Space Available | 2,314 SF |
| Property Type | Retail |
ABOUT THE PROPERTY
In Montpellier, lease transfer available for a 215m² commercial space on two levels, located in the Boulevard Jeu de Paume area, Ecusson. The property is situated near tram stops in a commercial zone featuring national brands such as The North Face, Nespresso, Ma Première Boutique, Noo Store, Manifest, SFR, Lissac Opticien, and more. **Features:** - **Ground floor:** Approximately 120m² with ceiling heights ranging from 5.77m to 2.60m, storefront dimensions of 3m (width) x 4.7m (height). - **Upper floor:** Approximately 95m² with a ceiling height of 2.6m. - Premises classified as ERP Category 5, ideal for any retail or professional activity except for restaurants (no extraction system). **Financial Information:** - **Lease transfer fee (DAB):** €120,000 - **Monthly rent:** €3,840 - **Monthly provisional charges:** €80 - **Annual property tax:** (to be confirmed) - **Security deposit:** Equivalent to 2 months' rent Take advantage of this opportunity to establish your business in Montpellier. For more information, please contact: Pierre Demichel +33 7 86 40 21 37 Agency fees are payable by the buyer, amounting to 10.80% (incl. VAT) of the price excluding fees. Details about risks associated with this property are available on the Géorisques website: www.georisques.gouv.fr **CAPIFRANCE Real Estate Network** Your commercial agent (RSAC No. 901 133 157 - Montpellier Registry) Pierre Demichel, Independent Entrepreneur +33 7 86 40 21 37 Ref. 881565
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