64000 Pau 1,292 SF Retail Building $595,064 ($460.69/SF)

LEASED COMMERCIAL PROPERTY
I am offering you the opportunity to acquire commercial property occupied by a top-tier national brand, located in a prime spot in the city center. The area boasts a first-rate commercial environment with national brands in dining, personal equipment, and leisure. It is at the heart of a high foot traffic area, with nearby administrative offices and business activities.
DESCRIPTION
- Ground floor of a condominium
- Total area of approximately 120 square meters over two levels
- Ventilation system
- In perfect condition
- Occupied by a national dining brand, with a 3/6/9 commercial lease and brand guarantee for rent payments
- Option for a fixed 6-year lease
- Annual rent of €40,500 excluding taxes with an annual indexation clause
- Tenant responsible for reimbursing charges and property tax
- Gross yield of 7.5%
- Sale price of the property is €515,000 including agency fees
This is an opportunity for an investor. I am available to discuss your investment project! 06 18 66 40 26
RESEAU BROKERS® is the leading 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 client companies in their search for retail spaces, offices, activity premises, buildings, and land. www.reseau-brokers.com
Fees are the responsibility of the seller. Part of a condominium with 70 units. No ongoing legal proceedings. Not subject to energy performance diagnosis. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.
Your RESEAU BROKERS® advisor: Jean-Noel FRATACCI Commercial Agent (Sole Proprietorship) RSAC 530.053.289 RCP 7953190/S17443090