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Avenida Reyes Católicos, 23 592 SF Retail Condo Unit Offered at $162,904 in Alcalá de Henares, Madrid 28802
Some information has been automatically translated.
Investment Highlights
- Profitable premises, ideal for investors
- Heavily trafficked area
- In perfect condition
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
Great opportunity for investors. Commercial space of 55 m² located on one of the main avenues in Alcalá de Henares.
It has been operating as a bar-restaurant for over 20 years. Currently, it is leased for €800/month, with the rental contract set to expire on October 31, 2027, and the possibility of extending it for an additional 4 years.
The investment would be recovered in 14.58 years. It is worth noting that the annual rent is updated based on the CPI, which means the return on investment will occur much sooner. There are no homeowner association fees.
It has been operating as a bar-restaurant for over 20 years. Currently, it is leased for €800/month, with the rental contract set to expire on October 31, 2027, and the possibility of extending it for an additional 4 years.
The investment would be recovered in 14.58 years. It is worth noting that the annual rent is updated based on the CPI, which means the return on investment will occur much sooner. There are no homeowner association fees.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 592 SF | Retail | $162,904 ($275.18/SF) | - |
-
| Unit Size |
| 592 SF |
| Condo Use |
| Retail |
| Price |
| $162,904 ($275.18/SF) |
| NOI |
| - |
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-
| Unit Size | 592 SF |
| Condo Use | Retail |
| Price | $162,904 ($275.18/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
|
Great opportunity for investors. Commercial space of 55 m² located on one of the main avenues in Alcalá de Henares. It has been operating as a bar-restaurant for over 20 years. Currently, it is leased for €800/month, with the rental contract set to expire on October 31, 2027, and the possibility of extending it for an additional 4 years. The investment would be recovered in 14.58 years. It is worth noting that the annual rent is updated based on the CPI, which means the return on investment will occur much sooner. There are no homeowner association fees. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,147 SF | Typical Floor Size | 3,574 SF |
| Property Type | Retail (Condo) | Year Built | 1975 |
| Building Class | B | Lot Size | 0.08 AC |
| Floors | 2 |
| Total Building Size | 7,147 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,574 SF |
| Year Built | 1975 |
| Lot Size | 0.08 AC |
Amenities
- Close to Public Transportation
- Natural Light
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Avenida Reyes Católicos, 23
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