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Calle Polvoranca 1,614 SF Retail Condo Unit Offered at $269,934 in Alcorcón, Madrid 28923
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Investment Highlights
- Great visibility.
- Excellent connections via public and private transportation.
- Next to green areas.
1 Unit Available
Unit 1
| Unit Size | 1,614 SF | Sale Type | Investment |
| Price | $269,934 | Cap Rate | 5.70% |
| Price Per SF | $167.25 | NOI | $15,386.24 |
| Condo Use | Retail |
| Unit Size | 1,614 SF |
| Price | $269,934 |
| Price Per SF | $167.25 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| NOI | $15,386.24 |
Description
Commercial space of 150 m2.
Income-generating.
Sale Notes
Commercial space currently rented, generating income from day one—an especially attractive option for investors seeking immediate profitability and long-term stability. The property is leased as an office/showroom, with a well-established tenant profile.
The space has an approximate area of 15 m² and features a lease agreement in effect starting November 12, 2024, with a duration of 15 years, valid until 2039. This provides high security in income flows.
The investment offers a gross yield of 6.4% and a net yield of 5.7%, positioning itself as a solid opportunity within the commercial real estate market. It is ideal for conservative investors who prioritize recurring income and low risk.
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Property Facts
| Total Building Size | > 50,000 SF | Floors | 4 |
| Property Type | Retail (Condo) | Year Built | 1990 - 1999 |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 4 |
| Year Built | 1990 - 1999 |
Amenities
- Bus Line
- Natural Light
- Private Bathroom
Nearby Major Retailers
Presented by
Calle Polvoranca
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