93100 Montreuil 23,842 SF Industrial Building $5,223,447 ($219.09/SF)

Réseau-Brokers offers for sale in Montreuil, just 10 minutes from Paris, a standalone building from the 1970s, fully leased to small and medium-sized enterprises (SMEs), with a total area of 2,215 m², situated on a 2,014 m² plot, including:
- 16 units for activities/storage use (2,199 m²)
- 1 unit for residential use (16 m²)
* Features:
- Heavy vehicle accessibility: yes
- Individual electric heating
- Roof partially renovated in 2019
- Anti-intrusion security: remote surveillance with cameras in common areas
* Accessibility:
- Paris: 10 minutes from Porte de Montreuil (via N302)
- A3/A86; 10 minutes
- Croix de Chavaux Metro: 10 minutes on foot
* Occupancy conditions:
- Occupancy rate: 100% (13 tenants)
- 13 commercial leases 3/6/9 and 1 residential lease
- Gross annual rent excluding taxes: 327,600 euros
- Annual rental charges: 11,300 euros (including 9,500 euros not recharged)
- Annual property taxes: 26,365 euros (including 13,100 euros not recharged)
* Financial conditions:
- Price excluding taxes and fees: 4,500,000 euros
- Marketing fees payable by the buyer: 4% excluding taxes (VAT additional at 20%)
- Net yield after transaction costs (fees at 8%): 6%
RESEAU BROKERS® is the first business real estate firm structured in a network of agents. With our team of 80 Brokers, we cover a large part of the national territory to assist our client companies in their search for commercial spaces, offices, activity premises, buildings, and land.
www.reseau-brokers.com
Energy performance certificate in progress. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.
Your advisor at AVINIM RESEAU BROKERS: Geraldine MERCIER
Commercial agent (Individual enterprise)
RSAC 890.480.395
RCP 7953190/h21BA