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Centro 23,583 SF Retail Condo Unit Offered at $3,559,442 in Alicante, Alicante 03003
Some information has been automatically translated.
Investment Highlights
- Commercial space currently leased.
- Total area of 2,191.12 m2.
- Net yield of 5.75%.
- Direct access from the street.
Executive Summary
The asset is in a residential property in Alicante. It is located in a consolidated urban environment, characterized by residential and tertiary buildings typical of the city center. In the nearby environment there are important urban and institutional elements such as the Alicante-Terminal Station (ADIF), the Plaza de los Luceros and various administrative and service buildings located along the avenue. The area also has public spaces, local shops and facilities typical of the central area of Alicante. Communications are articulated through the Alicante-Terminal Station, with Renfe Medium Distance, Long Distance and Commuter Services. Nearby is the Luceros stop of the Tram d'Alacant, which connects to several metropolitan lines. The area has urban bus stops and access by main roads such as Avenida de Salamanca and the N-332, making it easy to connect to other areas of the city and to the interurban road network.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.75% |
| Sale Type | Investment |
| Cap Rate | 5.75% |
The asset is in good condition. Use: commercial space. Current status: leased. Declared net yield: 5.75%.
The property is located in the Bulevar Shopping Center, with a façade and direct access from Avenida de la Estación.
The surrounding area is commercial and urban in nature, integrated into a mixed-use building with established activity in its immediate vicinity.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 23,583 SF | Retail | $3,559,442 ($150.93/SF) | $204,667.92 |
Unit -
| Unit Size |
| 23,583 SF |
| Condo Use |
| Retail |
| Price |
| $3,559,442 ($150.93/SF) |
| NOI |
| $204,667.92 |
Unit -
| Unit Size | 23,583 SF |
| Condo Use | Retail |
| Price | $3,559,442 ($150.93/SF) |
| NOI | $204,667.92 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Sale Notes | |
| Commercial space located in Alicante. The property is part of a mixed-use building and is currently leased.<br> <br> The asset is in good condition. Use: commercial space. Current status: leased. Declared net yield: 5.75%.<br> <br> The property is located in the Bulevar Shopping Center, with a façade and direct access from Avenida de la Estación.<br> <br> The surrounding area is commercial and urban in nature, integrated into a mixed-use building with established activity in its immediate vicinity.</li></ul> |
Property Facts
Amenities
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 206 | - | 1,614 |
Presented by
Centro
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