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21800 Quetigny 23,681 SF Retail Building $4,950,112 ($209.04/SF)
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Sale Notes
Gross Yield: 7.32%
- Tenant: NATIONAL RESTAURANT CHAIN (Group with 28 restaurants in France)
- Area: 2,200 m² of floor space
- Commercial lease: 6/10 years, including a firm 6-year term; lease agreement currently being drafted
- Rent: €145 excl. VAT/excl. charges per m²/year, totaling €319,000 excl. VAT/excl. charges per year
- Property tax and miscellaneous charges borne by the tenant
- Rent-free period: 3 months (starting from key handover), currently under validation
- Security deposit: 3 months' rent excl. VAT
SALE PRICE under VEFA (off-plan): €4,356,000 excl. VAT, net seller *
* Marketing fees of 3% excl. VAT payable by the buyer
- Tenant: NATIONAL RESTAURANT CHAIN (Group with 28 restaurants in France)
- Area: 2,200 m² of floor space
- Commercial lease: 6/10 years, including a firm 6-year term; lease agreement currently being drafted
- Rent: €145 excl. VAT/excl. charges per m²/year, totaling €319,000 excl. VAT/excl. charges per year
- Property tax and miscellaneous charges borne by the tenant
- Rent-free period: 3 months (starting from key handover), currently under validation
- Security deposit: 3 months' rent excl. VAT
SALE PRICE under VEFA (off-plan): €4,356,000 excl. VAT, net seller *
* Marketing fees of 3% excl. VAT payable by the buyer
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
10,000 - 60,000 SF
Price
$4,950,112
Price Per SF
$209.04
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