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94440 Villecresnes 9,278 SF Retail Building $2,780,527 ($299.67/SF)

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Sale Notes
IDEAL FOR INVESTORS!!
In Villecresnes, at the heart of Val-de-Marne, we are offering for sale a set of recent commercial properties with a total surface area of 862 m², located on a high-traffic axis with over 60,000 vehicles passing daily.
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 the 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 a surface area of 281 m², is in the process of being re-leased.
The rental rates align with the market's rental value.
This rare product in the area represents a profitable and secure investment opportunity. Ideal for an investor seeking a recent asset, well-positioned, with stable rental income and no major renovations required in the coming years.
Price incl. VAT: €2,820,000
Price excl. VAT: €2,350,000
Additional fees payable by the buyer: €94,000 excl. VAT (4% excl. VAT).
Contact me if you would like the complete file. Victor LAFOND - 06 14 17 45 86
Fees included at 4% payable by the buyer. Price excluding fees: €2,350,000 excl. VAT. Energy performance certificate not available. Information on risks associated with this property is available on the Géorisques website: georisques.gouv.fr.
In Villecresnes, at the heart of Val-de-Marne, we are offering for sale a set of recent commercial properties with a total surface area of 862 m², located on a high-traffic axis with over 60,000 vehicles passing daily.
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 the 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 a surface area of 281 m², is in the process of being re-leased.
The rental rates align with the market's rental value.
This rare product in the area represents a profitable and secure investment opportunity. Ideal for an investor seeking a recent asset, well-positioned, with stable rental income and no major renovations required in the coming years.
Price incl. VAT: €2,820,000
Price excl. VAT: €2,350,000
Additional fees payable by the buyer: €94,000 excl. VAT (4% excl. VAT).
Contact me if you would like the complete file. Victor LAFOND - 06 14 17 45 86
Fees included at 4% payable by the buyer. Price excluding fees: €2,350,000 excl. VAT. Energy performance certificate not available. Information on risks associated with this property is available on the Géorisques website: georisques.gouv.fr.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
9,278 SF
Price
$2,780,527
Price Per SF
$299.67
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