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Investment Highlights

  • Business for sale with a return of 5.47%
  • Excellent location
  • With a long-term contract that was subsequently renewed

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta 04, Esc. 1
  • 10,139 SF
  • Retail
  • $1,830,420 ($180.53/SF)
  • -
Sale Type Investment
Sale Notes
Sale of a 942 m² leased commercial space located in Pinar de Chamartín.

Spacious commercial property, unmatched in the area, situated in Pinar de Chamartín, a well-established, high-income residential neighborhood in a prime commercial location.

Total area of 942 m², distributed across two floors, with excellent visibility thanks to its large façade measuring over 15 meters. The property occupies the entire commercial floor of the building.

Leased to a prominent sports activities company, with a lease agreement in place for the past 20 years, continuously renewed.

The property is offered with a yield of 5.47%, exclusively for individuals interested in securing stable rental income while benefiting from potential real estate appreciation.
Unit Unit Size Condo Use Price NOI
Unit Puerta 04, Esc. 1 10,139 SF Retail $1,830,420 ($180.53/SF) -

Unit Puerta 04, Esc. 1

Unit Size
10,139 SF
Condo Use
Retail
Price
$1,830,420 ($180.53/SF)
NOI
-

Unit Puerta 04, Esc. 1

Unit Size 10,139 SF
Condo Use Retail
Price $1,830,420 ($180.53/SF)
NOI -
Sale Type Investment
Sale Notes
Sale of a 942 m² leased commercial space located in Pinar de Chamartín.

Spacious commercial property, unmatched in the area, situated in Pinar de Chamartín, a well-established, high-income residential neighborhood in a prime commercial location.

Total area of 942 m², distributed across two floors, with excellent visibility thanks to its large façade measuring over 15 meters. The property occupies the entire commercial floor of the building.

Leased to a prominent sports activities company, with a lease agreement in place for the past 20 years, continuously renewed.

The property is offered with a yield of 5.47%, exclusively for individuals interested in securing stable rental income while benefiting from potential real estate appreciation.

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 > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 17
Year Built 1970 - 1979

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 32017642

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: Calle del Condado de Treviño, Ciudad Lineal, Madrid 28033

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