45000 Orléans 17,222 SF Retail Building $2,707,581 ($157.21/SF)

9.8% gross return for this excellent investor opportunity!!!
We are offering for sale this beautiful real estate complex of approximately 1600m² located in Orléans, with 80 parking spaces.
Location:
Orléans Center
Near train station, tram, bus station
Direct access to the boulevard
Close to shops (Place d'Arc, media library, parking lots, ...)
Features:
Spacious commercial space of 1600m² meeting ERP standards, fully renovated, sold rented on a long-term basis by a leading player.
Additional information available upon request.
Lease conditions:
Commercial lease: 3/6/9 with 6 years firm
Rent: €220,000/year
Gross return: 9.82%
Net return: 9.00%
Financial conditions:
Total sale price including agency fees: €2,280,000
Including indicative value of parking spaces: €500,000 including agency fees
Including indicative value of building: €1,700,000 including agency fees (€1,125/m²)
Net sale price: €2,200,000
Operating expenses: €15,000
Property tax: €24,000
For any additional information, feel free to contact me at 06 59 42 92 71 or by email at hugues.venon@reseau-brokers.com.
RESEAU BROKERS®, a real estate firm specializing in commercial real estate. With our team of 80 brokers, we cover a large part of the national territory to assist our client companies in their search for shops, offices, business premises, buildings, and land.
www.reseau-brokers.com
Fees included of 3.64% payable by the buyer. Price excluding fees €2,200,000 excluding taxes. 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 advisor AVINIM RESEAU BROKERS: Hugues VENON
Commercial agent (Individual business)
RSAC 491.254.413
RCP 7953190/S17667735