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Investment Highlights

  • Office for sale at a profit
  • Solvent tenant with an annual renewable contract
  • Gross return of 4.5%

Executive Summary

Office building with three floors (ground +2) located in the Julián Camarillo industrial estate at the semicorner of Calle Alcalá and very close to the Suanzes metro station. The space has 1,825 m2, has 45 linear meters of façade, structure in perfect condition. The entire surface is very bright as it has windows to the main street and also to the interior patio. Possibility to transform the surface in 5 heights and 20 meters up to the ledge (currently it has 3 plus one under roof). Currently the building's predominant use is office. Possibility to use the surface also as an industrial, hotel, tourist apartments, lofts, studio, gym, etc.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 2,852 SF
  • Office
  • $508,054 ($178.14/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
Sale with a gross yield of 4.5%.

Office for sale with yield in the Julián Camarillo industrial area, near the corner of Alcalá Street.

The office is located on the 2nd floor of the building and has a total area of 265 m². The interior is completely open-plan, offering numerous layout possibilities. It is an exterior office with 6 windows facing the street, providing abundant natural light. It includes restroom facilities and a storage area. In terms of installations, it is equipped with a hot-cold air conditioning system and an electric water heater. The flooring is terrazzo, and the ceiling height is a notable 2.90 meters.

The property is situated in a well-established and highly sought-after area. It also benefits from excellent public and private transportation connections.
Unit Unit Size Condo Use Price NOI
- 2,852 SF Office $508,054 ($178.14/SF) -

-

Unit Size
2,852 SF
Condo Use
Office
Price
$508,054 ($178.14/SF)
NOI
-

-

Unit Size 2,852 SF
Condo Use Office
Price $508,054 ($178.14/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
Sale with a gross yield of 4.5%.<br> <br> Office for sale with yield in the Juli&#225;n Camarillo industrial area, near the corner of Alcal&#225; Street.<br> <br> The office is located on the 2nd floor of the building and has a total area of 265 m&#178;. The interior is completely open-plan, offering numerous layout possibilities. It is an exterior office with 6 windows facing the street, providing abundant natural light. It includes restroom facilities and a storage area. In terms of installations, it is equipped with a hot-cold air conditioning system and an electric water heater. The flooring is terrazzo, and the ceiling height is a notable 2.90 meters.<br> <br> The property is situated in a well-established and highly sought-after area. It also benefits from excellent public and private transportation connections.</li></ul>

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 19,644 SF
Property Type Office (Condo)
Property Subtype Office/Residential
Building Class C
Floors 3
Typical Floor Size 6,548 SF
Year Built 1960
Lot Size 0.18 AC

Amenities

  • Bus Line
  • Metro/Subway
  • Close to Public Transportation
  • Air Conditioning
  • Listing ID: 34192175

  • Date on Market: 10/16/2020

  • Last Updated:

  • Address: Calle Alfonso Gómez, 11, San Blas - Canillejas, Madrid 28037

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