93100 Montreuil 23,842 SF Industrial Building $5,115,845 ($214.57/SF)

Réseau-Brokers is offering for sale in Montreuil, just 10 minutes from Paris, a standalone building from the 1970s, fully leased to small and medium-sized businesses (SMBs), with a total area of 2,215 m² situated on a 2,014 m² plot. The property includes:
- 16 units for activity/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 monitoring with cameras in common areas
* Accessibility:
- Paris: 10 minutes from Porte de Montreuil (via N302)
- A3/A86 highways: 10 minutes
- Croix de Chavaux Metro station: 10 minutes on foot
* Occupancy conditions:
- Occupancy rate: 100% (13 tenants)
- 13 commercial leases (3/6/9 years) and 1 residential lease
- Gross annual rent (excluding taxes): €327,600
- Annual tenant charges: €11,300 (including €9,500 not passed on to tenants)
- Annual property taxes: €26,365 (including €13,100 not passed on to tenants)
* Financial conditions:
- Price excluding taxes and fees: €4,500,000
- Brokerage fees payable by the buyer: 4% excluding taxes (plus 20% VAT)
- Net yield (including transaction costs at 8%): 6%
RESEAU BROKERS® is the first business real estate firm structured as a network of agents. With our team of 80 brokers, we cover a large part of the national territory to assist our corporate clients in their search for retail spaces, offices, activity premises, buildings, and land.
www.reseau-brokers.com
Energy performance certificate (DPE) pending. Information on risks associated with this property is available on the Géorisques website: georisques.gouv.fr.
Your advisor at AVINIM RESEAU BROKERS: Geraldine MERCIER
Commercial agent (sole proprietorship)
RSAC 890.480.395
RCP 7953190/h21BA