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Parque Mayor 9,375 SF Retail Condo Unit Offered at $1,625,846 in Alcorcón, Madrid 28922
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Investment Highlights
- Area with high residential density and service facilities.
- 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
It is distributed across two floors:
Street level with 383 usable square meters.
Basement level with 228 usable square meters.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 9,375 SF | Retail | $1,625,846 ($173.42/SF) | $97,550.78 |
-
| Unit Size |
| 9,375 SF |
| Condo Use |
| Retail |
| Price |
| $1,625,846 ($173.42/SF) |
| NOI |
| $97,550.78 |
-
| Unit Size | 9,375 SF |
| Condo Use | Retail |
| Price | $1,625,846 ($173.42/SF) |
| NOI | $97,550.78 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| Description | |
| The property is located at street level and is situated on the corner of two roads, providing it with a large façade featuring storefronts, ideal for enhancing commercial visibility. <br> It is distributed across two floors: <br> Street level with 383 usable square meters. <br> Basement level with 228 usable square meters. </li></ul> | |
| Sale Notes | |
| Ref.: ALMAN-102919716 <br> 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. <br> <br> The property is currently rented and operational, generating a 6% return, making it an attractive opportunity for investors. <br> <br> Additionally, it includes air rights for two additional floors, as it is part of a single-story shopping center.</li></ul> |
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
Nearby Major Retailers
Presented by
Parque Mayor
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