Baldi Property - 44/50 Avenue du Capitaine Glarner 93400 Saint-Ouen (France)

< BACK
LOCATION Saint-Ouen
TARGET MARKET Northern Inner Rim of Paris
DESCRIPTION The property, located at the address municipally known as 44/50 Avenue du Capitaine Glarner, 93400 Saint-Ouen, France, was constructed in 1991, and is comprised of 123,657 square feet (11,488 square meters) of GLA, of which 94,185 square feet (76%) is office space and 29,472 square feet (24%) is mixed use area. The four buildings are situated 300 meters from the Paris ring road. They are located around a central courtyard. The property is leased to a total of eight tenants, with the main tenant, Rue du Commerce, occupying 48.3% of the total GLA in accordance with a nine year lease expiring December, 2021. Inovalis has managed the property since September 30, 2005. The property is 79,2%, with a weighted average remaining lease term of 3.9 years as of December 31, 2019.
TOTAL GLA 123,657 sq.ft
OFFICE GLA 99,728 sq.ft
RETAIL GLA 23,928 sq.ft
OCCUPANCY 79.2%
PARKING 212 units
BUILT 1991
RENOVATED N/A
GROSS INCOME -
WALT 3.9 years
% OF TOTAL GLA 9%