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Parque Mayor 9,375 SF Retail Condo Unit Offered at $1,630,239 in Alcorcón, Madrid 28922
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INVESTMENT HIGHLIGHTS
- Area with high residential density and service amenities.
- Good access to the M-506 and proximity to the A-5.
EXECUTIVE SUMMARY
Commercial building located in the municipality of Alcorcón, within a well-established urban and commercial area. It is situated in a strategic location, close to main roads and high-density residential zones. The immediate surroundings feature local shops, supermarkets, offices, educational centers, and leisure areas, which ensure a steady flow of visitors and facilitate the development of commercial activities. The location is well-connected via the M-506 and has easy access to the A-5 highway, as well as public transportation through urban and intercity bus lines that link various points in Alcorcón and Madrid's city center.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 1 |
| Property Type | Retail (Condo) | Year Built/Renovated | 1970 - 1979/2000 - 2009 |
| Building Class | C | Parking | Yes |
| Total Building Size | > 50,000 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 1 |
| Year Built/Renovated | 1970 - 1979/2000 - 2009 |
| Parking | Yes |
AMENITIES
- Security System
- Storage Space
- High Ceilings
- Recessed Lighting
- Private Bathroom
- Air Conditioning
1 UNIT AVAILABLE
| Unit Size | 9,375 SF | Sale Type | Investment |
| Price | $1,630,239 | Cap Rate | 6.00% |
| Price Per SF | $173.89 | NOI | $97,814.31 |
| Condo Use | Retail |
| Unit Size | 9,375 SF |
| Price | $1,630,239 |
| Price Per SF | $173.89 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $97,814.31 |
DESCRIPTION
The property is located at street level and is situated on the corner of two roads, providing it with a large façade featuring display windows, ideal for enhancing commercial visibility.
It is distributed across two floors:
Street-level floor with 383 usable square meters.
Basement floor with 228 usable square meters.
SALE NOTES
Ref.: ALMAN-102919716
Commercial space for sale located in the center of Alcorcón, in the Parque Mayor area, next to Calle Mayor, one of the busiest and most visible commercial hubs in the municipality.
The property is currently rented and operational, generating a 6% return, making it an attractive opportunity for investors.
Additionally, it includes air rights for two additional floors, as it is part of a single-story shopping center.
NEARBY MAJOR RETAILERS
Presented by
Parque Mayor
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