93100 Montreuil 23,842 SF Industrial Building $5,208,092 ($218.44/SF)

Réseau-Brokers is offering for sale in Montreuil, 10 minutes from Paris, a standalone 1970s building, fully leased to very small and small/medium-sized businesses (TPE/SMEs), with a total area of 2,215 sq m, on a 2,014 sq m plot, comprising:
- 16 units for light industrial/storage use (2,199 sq m)
- 1 residential unit (16 sq m)

* Features:
- Heavy truck access: yes
- Individual electric heating
- Roof partially renovated in 2019
- Anti-intrusion security: remote monitoring with cameras in common areas

* Accessibility:
- Paris: 10 minutes from Porte de Montreuil (via N302)
- A3/A86: 10 minutes
- Croix de Chavaux metro station: 10 minutes on foot

* Occupancy conditions:
- Occupancy rate: 100% (13 tenants)
- 13 commercial leases (3/6/9) and 1 residential lease
- Gross annual rent, excl. tax: €327,600
- Annual recoverable charges: €11,300 (of which €9,500 not recharged to tenants)
- Annual property tax: €26,365 (of which €13,100 not recharged to tenants)

* Financial terms:
- Price excluding taxes and fees: €4,500,000
- Marketing fees payable by the buyer: 4% before tax (plus 20% VAT)
- Net yield “acte en mains” (including 8% transfer duties): 6%

RESEAU BROKERS® is the first commercial real estate firm structured as a network of independent agents. With our team of 80 brokers, we cover a large part of the country to support our corporate clients in their search for retail premises, offices, light industrial space, buildings, and land.
www.reseau-brokers.com

Energy performance diagnosis in progress. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.

Your AVINIM RESEAU BROKERS advisor: Geraldine MERCIER
Commercial agent (sole proprietorship)
RSAC 890.480.395
RCP 7953190/h21BA