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92800 Puteaux 430 SF Retail Condo Unit Offered at $432,541
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Highlights
- Dynamic and rapidly evolving neighborhood
- Commercial space built in 1890
- Good visibility and constant foot traffic
Property Facts
| Price | $432,541 | Total Building Size | 431 SF |
| Unit Size | 430 SF | Property Type | Retail (Condo) |
| No. Units | 1 | Sale Type | Investment |
| Price | $432,541 |
| Unit Size | 430 SF |
| No. Units | 1 |
| Total Building Size | 431 SF |
| Property Type | Retail (Condo) |
| Sale Type | Investment |
1 Unit Available
| Unit Size | 430 SF | Sale Type | Investment |
| Price | $432,541 | Cap Rate | 6.60% |
| Price Per SF | $1,005.91 | NOI | $28,547.73 |
| Condo Use | Retail |
| Unit Size | 430 SF |
| Price | $432,541 |
| Price Per SF | $1,005.91 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| NOI | $28,547.73 |
Description
92800 – PUTEAUX – COMMERCIAL PROPERTY – Prime Location – 40 sqm – TENANT IN PLACE - PROFITABILITY
EffiCity offers for sale a commercial property currently occupied by a fast-food business with a dining area. Located in a sought-after area of Puteaux, in close proximity to La Défense and a busy shopping district.
Area: 40 sqm on the ground floor + a clean 7 sqm basement - Attractive and high-quality facade, excellent visibility - Fully renovated in 2015, no work needed - Tenant in place – dine-in and take-out restaurant activity.
Commercial lease 3/6/9 recently renewed (July 2024) Annual rent 24,000 euros including charges, excluding VAT - Gross profitability 6.6% Average charges 85 euros.
Sale Notes
Legal and Financial Features
Property tax of 550 euros
Various annual charges: 996 euros
Property sold subject to condominium status: Yes
40 units in the condominium
Average annual condominium charges: 1020 euros
Floor Plan
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"92800 Puteaux"
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