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75014 Paris 1,808 SF Retail Condo Unit Offered at $1,867,466
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Investment Highlights
- Net yield including all costs: 7.3%
- Premium corner location
Executive Summary
De Ferla Entreprise presents the sale of a business, including the property occupied by a corner restaurant located on Avenue Général Leclerc. Nearby: Shopping street - Avenue Général Leclerc Location and positioning: Premium Average annual market rent based on location and authorized activity: €750 excl. tax/m²/year Current annual rent: €110,000, or €530.14 excl. tax/m²/year Details of the spaces: - Linear storefront: 12 meters - Basement: 52.14 m² - Ground floor: 56.86 m² - First floor: 58.70 m² - Total area: 167.70 m² Profitability: €110,000 * 100 / €1,500,000 = 7.3% profitability Sale price: €1,500,000 net to the seller + 6% excluding tax, agency commission. For more information about this listing, contact Alexandre Boscher at +33 6 70 67 56 57. Energy performance certificate (DPE) in progress. Information about risks associated with this property is available on the Géorisques website: georisques.gouv.fr. Your De Ferla Real Estate Advisor: Alexandre Boscher Commercial Agent (Sole Proprietorship)
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.84% |
| Sale Type | Investment |
| Cap Rate | 6.84% |
Net yield rate: 7.3%
Annual NOI: €110,000
Other notable features:
- Premium corner location
- Operating restaurant
- 12-meter linear storefront
- Current rent below estimated market rental value
- Strong commercial visibility
Area:
1st floor: 58.70 m²
Ground floor: 56.86 m²
Basement: 52.14 m²
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,808 SF | Retail | $1,867,466 ($1,032.89/SF) | $127,749.51 |
-
| Unit Size |
| 1,808 SF |
| Condo Use |
| Retail |
| Price |
| $1,867,466 ($1,032.89/SF) |
| NOI |
| $127,749.51 |
-
| Unit Size | 1,808 SF |
| Condo Use | Retail |
| Price | $1,867,466 ($1,032.89/SF) |
| NOI | $127,749.51 |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| Description | |
| This occupied commercial space enjoys a premium corner location on one of the main shopping streets in the southern part of Paris. Currently operated as a restaurant, it benefits from excellent visibility thanks to its wide street-facing façade and a location that attracts high pedestrian traffic. The layout of the space allows for optimal use for restaurant operations and represents a secure investment due to the presence of a tenant already in place, generating immediate rental income. | |
| Sale Notes | |
|
Sale price: €1,500,000 net to seller + 6% excluding tax, agency commission. Net yield rate: 7.3% Annual NOI: €110,000 Other notable features: - Premium corner location - Operating restaurant - 12-meter linear storefront - Current rent below estimated market rental value - Strong commercial visibility Area: 1st floor: 58.70 m² Ground floor: 56.86 m² Basement: 52.14 m² |
Property Facts
Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
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"75014 Paris"
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