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94440 Villecresnes 9,278 SF Retail Building $2,795,507 ($301.29/SF)

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Sale Notes
IDEAL INVESTOR!!
In Villecresnes, at the heart of Val-de-Marne, we offer for sale a set of recent commercial properties with a total area of 862 m², located on a high-traffic axis with over 60,000 vehicles per day.
CURRENT RENT: €169,000 excl. VAT/excl. charges
POTENTIAL RENT: €217,000 excl. VAT/excl. charges (target gross yield 9.25%)
Property tax paid by tenant.
The location benefits from excellent visibility and easy access, with private parking on a 2,552 m² plot.
The property consists of four commercial units in excellent condition, renovated in 2022. Three of them are currently leased under commercial leases. The fourth unit, with an area of 281 m², is in the process of being re-leased.
The rents are consistent with the market rental value.
This rare product in the sector represents a profitable and secure investment opportunity. Ideal for an investor looking for a recent asset, well-positioned, with stable rental income and no expected work in the coming years.
Price incl. VAT: €2,820,000
Price excl. VAT: €2,350,000
Additional fees charged to buyer 4% excl. VAT: €94,000
Contact me if you would like the complete file. Victor LAFOND - 06 14 17 45 86
Fees included at 4% charged to the buyer. Price excluding fees €2,350,000 excl. VAT. Energy performance certificate blank. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.
In Villecresnes, at the heart of Val-de-Marne, we offer for sale a set of recent commercial properties with a total area of 862 m², located on a high-traffic axis with over 60,000 vehicles per day.
CURRENT RENT: €169,000 excl. VAT/excl. charges
POTENTIAL RENT: €217,000 excl. VAT/excl. charges (target gross yield 9.25%)
Property tax paid by tenant.
The location benefits from excellent visibility and easy access, with private parking on a 2,552 m² plot.
The property consists of four commercial units in excellent condition, renovated in 2022. Three of them are currently leased under commercial leases. The fourth unit, with an area of 281 m², is in the process of being re-leased.
The rents are consistent with the market rental value.
This rare product in the sector represents a profitable and secure investment opportunity. Ideal for an investor looking for a recent asset, well-positioned, with stable rental income and no expected work in the coming years.
Price incl. VAT: €2,820,000
Price excl. VAT: €2,350,000
Additional fees charged to buyer 4% excl. VAT: €94,000
Contact me if you would like the complete file. Victor LAFOND - 06 14 17 45 86
Fees included at 4% charged to the buyer. Price excluding fees €2,350,000 excl. VAT. Energy performance certificate blank. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
9,278 SF
Price
$2,795,507
Price Per SF
$301.29
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