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75014 Paris 1,808 SF Retail Condo Unit Offered at $1,853,837
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Investment Highlights
- Yield act in hand 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 | $1,853,837 ($1,025.35/SF) | $126,817.24 |
-
| Unit Size |
| 1,808 SF |
| Condo Use |
| Retail |
| Price |
| $1,853,837 ($1,025.35/SF) |
| NOI |
| $126,817.24 |
-
| Unit Size | 1,808 SF |
| Condo Use | Retail |
| Price | $1,853,837 ($1,025.35/SF) |
| NOI | $126,817.24 |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| Description | |
| This busy commercial space benefits from a premium corner location on one of the main shopping streets in the south of Paris. Currently operated by a restaurant, it benefits from excellent visibility thanks to its facade that is largely open to the street and an establishment that favors high pedestrian traffic. The configuration of the spaces allows optimal exploitation for a catering activity and constitutes a secure investment thanks to the presence of an existing tenant generating immediate rental income.</li></ul> | |
| Sale Notes | |
| Sale price: €1,500,000 net seller + 6% excluding tax, agency commission. <br> Net yield rate: 7.3% <br> Annual NOI: €110,000 <br> <br> Other notable features: <br> - Premium corner location <br> - Operating restaurant <br> - 12-meter linear storefront <br> - Current rent below estimated market rental value <br> - Strong commercial visibility <br> <br> Area: <br> 1st floor: 58.70 m² <br> Ground floor: 56.86 m² <br> Basement: 52.14 m² </li></ul> |
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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