10000 Troyes 10,549 SF Retail Building $886,158 ($84.01/SF)

Located in Troyes at 6 rue Eugène Belgrand, this tertiary and commercial building presents a rare investment opportunity, offering an excellent current yield of 8.40% AEM, with potential to reach 15 to 22% after full leasing of vacant spaces.
With a total area of approximately 980 m², the building, fully renovated in 2016, is in very good condition. It is currently partially leased to a medical imaging center under a new 6-year lease (from 01/01/2026 to 12/31/2032).
Space Distribution
• Ground floor: 490 m²
• 244 m² currently leased
• 246 m² vacant
• Upper floor: 490 m² vacant
• Total vacant area: 736 m²
The building has a footprint of 523 m² and an average height of 6 meters. It is accessible to people with reduced mobility thanks to an elevator. A public parking lot is located in front of the building, with two other parking lots in close proximity (100 m).
Rental and Financial Data
• Rent 2026: €71,850 excluding taxes/charges
• Revision: Quarterly IRL (4th quarter 2025)
• Property tax: €14,809
• Tenant: SAS with a capital of €271,000
The strong rental potential of the vacant spaces (736 m²), estimated based on an average market price of €160/m²/year, could generate up to €117,760 excluding taxes/year additionally. At full occupancy, rents could reach approximately €189,610 excluding taxes/year, resulting in an estimated yield between 15 and 22% deed in hand.
Valuation Potential
An example of a nearby transaction in 2018 indicates a value of €215,000 for 101 m². The theoretical estimate of the property amounts to approximately €2,085,440, with a 30% discount applied, positioning the asset around €1,500,000 in patrimonial value.
Additionally, a strong potential for constructibility is possible in case of tenant departure, with the possibility of developing R+3 + attic.
Sale Conditions
• Asking price: €750,000
• Fees: 6% excluding taxes payable by the buyer
• Estimated notary fees: 8% (approximately €57,400)