461 m² RENTED TO THE CANNES HOSPITAL CENTER

461 m² RENTED TO THE CANNES HOSPITAL CENTER
In a 461 m², 3-story office building. Rented to the Cannes Hospital, 12-year firm lease (9 years remaining).
The building consists of three leased floors.
3 floors: Ground floor (154 m²), First floor (153 m²), Second floor (154 m²) (condominium units).

Ideally located, close to Boulevard Carnot, buses, and the A8 motorway.
In very good condition, each office has a private bathroom and a kitchen area. €300,000 of work was carried out to bring it up to code and install an elevator.
6 private parking spaces + 12 underground parking spaces in the building next door, each rented for €100/month.

Quarterly rent including charges: €37,300
including €4,050 in condominium charges and €2,250 in property tax and household waste charges.
Net rent: €31,000 per quarter.
Total annual rental income: €149,200.00 (including charges and taxes).

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