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Calle Cronos, 18 67,651 SF Office Building San Blas - Canillejas, Madrid 28037 $10,498,868 ($155.19/SF)

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INVESTMENT HIGHLIGHTS

  • Possibility to change use to hotel
  • A few minutes from the airport
  • Rooftop terrace with panoramic views of Madrid.
  • Julián Camarillo Business Park
  • Environment with all services
  • Established business environment ideal for multiple sectors.

EXECUTIVE SUMMARY

Located in the heart of the Julián Camarillo business district, this entire building offers a unique investment opportunity with high conversion potential. With a built area of 6,285 m² distributed across five floors plus two basements, the property allows for multiple uses under municipal regulations: hotel, student residence, senior living center, offices, institutional, or commercial.
The possibility of changing its use adds a distinctive value for redevelopment projects. Its proximity to public services such as the Property Registry and its established business environment make it an investment with high profitability potential.
The rooftop, which is habitable and offers spectacular views of Madrid, adds a unique value for companies seeking representative and functional spaces.
Its reinforced concrete structure with waffle slab floors, brick enclosure, and stone finishes ensures durability and flexibility for renovations. The building is equipped with two elevators, a freight elevator, a staircase core, a vehicle access ramp, and an additional entrance via a private interior street.
The building features two elevators, a freight elevator, access ramps, a staircase core, and entry through a private interior street. Its reinforced concrete structural design and high-quality finishes allow for immediate occupancy. The climate control system, fire protection measures, and flexible layout make it suitable for multiple configurations.
The location is strategic: next to Calle Alcalá, just steps from the Torre Arias metro station and the Property Registry, with direct access to the A-2, M-30, M-40 highways, and only 20 minutes from the airport. The established business environment attracts companies from sectors such as telecommunications, IT, and corporate services, further enhancing the asset’s appeal for hotel or institutional developments.
This building represents an exceptional opportunity for developers looking to transform a versatile asset into a high-impact urban and commercial project.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
67,651 SF
Building Class
B
Year Built
1999
Price
$10,498,868
Price Per SF
$155.19
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,760 SF
Building FAR
6,150.11
Parking
40 Spaces (0.59 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Security System
  • Close to Public Transportation
  • Sprinkler System
  • Conference Rooms
  • Elevator
  • Instant Hot Water
  • Yard
  • Private Bathroom

ABOUT CALLE CRONOS, 18 , MADRID, MAD 28037

Complete building of 6,285 m2, with the possibility of changing to hotel use, according to municipal regulations. Consultation has been made about the possibility of installing offices, tertiary use, and equipment use and it has multiple possibilities. The building, located on Cronos Street, in Madrid, consists of 5 floors + 2 basement floors with offices, garage-parking, warehouse and training center. Well connected thanks to its proximity to the Torre Arias metro station, next to the Property Registry, on Calle Alcalá, 42 and in a representative area for companies from various sectors such as telecommunications or information technology, among others. Julián Camarillo's business area, very close to Alcalá Street. With access to the A-2, M-30, M-40 and 20 minutes from the airport. The structure of the building is made of reinforced concrete and forged lattice slabs, brick enclosure, stone finish, lacquered aluminum exterior carpentry, flat roof. It consists of fire protection, air conditioning and finished coatings. It has 2 elevators and 1 forklift, a number of floors, two staircases and an access ramp for vehicles on Cronos Street, as well as access to plants via a private interior street. Changes in use and activity are a great opportunity, since it allows use for hotel, collective and commercial use.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 6,760 SF
  • Office
  • -
  • Now
  • 1st Floor
  • 6,760 SF
  • Office
  • -
  • Now
  • 2nd Floor
  • 6,760 SF
  • Office
  • -
  • Now
  • 4th Floor
  • 6,760 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
Ground 6,760 SF Office - Now
1st Floor 6,760 SF Office - Now
2nd Floor 6,760 SF Office - Now
4th Floor 6,760 SF Office - Now

Ground

Size
6,760 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size
6,760 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
6,760 SF
Space Use
Office
Condition
-
Available
Now

4th Floor

Size
6,760 SF
Space Use
Office
Condition
-
Available
Now
  • Listing ID: 29919488

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: Calle Cronos, 18, San Blas - Canillejas, Madrid 28037

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