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94000 Créteil 2,432 SF Retail Condo Unit Offered at $879,562
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INVESTMENT HIGHLIGHTS
- Direct access to transportation: Just a few minutes from the Créteil – Université metro station (line 8).
- Attractive setting: Close to Lake Créteil, providing a pleasant environment for employees and visitors.
- Proximity to strategic hubs: Next to the Créteil Soleil Shopping Center and the Paris-Est Créteil University.
EXECUTIVE SUMMARY
This property is located in Créteil, within a rapidly growing neighborhood that combines economic dynamism with accessibility. Situated in close proximity to major roadways and public transportation, it boasts excellent connectivity to Paris and surrounding municipalities. The area offers an ideal balance between commercial zones, public facilities, and green spaces, creating an attractive environment for a business looking to expand. The location also benefits from the presence of several activity hubs and strategic points of interest, ensuring a steady flow of visitors and strong visibility potential. With a market that is constantly evolving, this sector represents an appealing opportunity for a company seeking to establish itself sustainably.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 17 |
| Property Type | Multifamily (Condo) | Year Built | 1970 - 1979 |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 17 |
| Year Built | 1970 - 1979 |
| Tenancy | Single |
AMENITIES
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Elevator
- Public Transportation
- Key Fob Entry
1 UNIT AVAILABLE
Unit 1
| Unit Size | 2,432 SF | Sale Type | Investment |
| Price | $879,562 | Cap Rate | 5.34% |
| Price Per SF | $361.66 | NOI | $46,968.62 |
| Condo Use | Retail |
| Unit Size | 2,432 SF |
| Price | $879,562 |
| Price Per SF | $361.66 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| NOI | $46,968.62 |
DESCRIPTION
Located on Rue du Général Larminat in Créteil, these five commercial spaces are available for sale. Four of them are currently occupied, while the fifth is vacant, offering additional potential for use. The property is part of a building constructed in 1960 and is available immediately.
SALE NOTES
Located on Rue du Général Larminat in Créteil, five commercial spaces are available for sale at a price of €749,000. The total investment offers a yield of 5.34% with an annual income of €40,000. Four of these spaces are currently occupied, generating annual rents of €4,021, €9,237, €11,400, and €10,928, respectively. The fifth space, which is vacant, has an estimated rental potential of €4,800 per year. Built in 1960, these commercial properties are available immediately.
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"94000 Créteil"
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