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Zona centro 2,734 SF Retail Condo Unit Offered at $275,676 in Getafe, Madrid 28901
Some information has been automatically translated.
Investment Highlights
- Established residential area.
- High foot traffic.
Executive Summary
Residential building constructed in 1997. It has 5 floors above ground, with apartments on the upper levels and commercial spaces on the ground floor.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
Description
254 m² premises, renovated, street-level, in the center of Getafe.
Sale Notes
Sale of a high-yield commercial property currently leased.
The property is rented to a well-established franchise undergoing national expansion, with a 10-year lease agreement in place, ensuring long-term stability and security for the investor.
It has a total area of 254 m² and features air conditioning, heating via heat pump, and has been recently renovated.
Net yield of 7%.
Located in a well-established area of Getafe, it benefits from pedestrian traffic, residential density, and easy access, surrounded by services, shops, and excellent transportation links.
The property is rented to a well-established franchise undergoing national expansion, with a 10-year lease agreement in place, ensuring long-term stability and security for the investor.
It has a total area of 254 m² and features air conditioning, heating via heat pump, and has been recently renovated.
Net yield of 7%.
Located in a well-established area of Getafe, it benefits from pedestrian traffic, residential density, and easy access, surrounded by services, shops, and excellent transportation links.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 2,734 SF | Retail | $275,676 ($100.83/SF) | $19,297.31 |
-
| Unit Size |
| 2,734 SF |
| Condo Use |
| Retail |
| Price |
| $275,676 ($100.83/SF) |
| NOI |
| $19,297.31 |
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| Unit Size | 2,734 SF |
| Condo Use | Retail |
| Price | $275,676 ($100.83/SF) |
| NOI | $19,297.31 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Description | |
| 254 m² premises, renovated, street-level, in the center of Getafe.</li></ul> | |
| Sale Notes | |
| Sale of a high-yield commercial property currently leased.<br> <br> The property is rented to a well-established franchise undergoing national expansion, with a 10-year lease agreement in place, ensuring long-term stability and security for the investor.<br> <br> It has a total area of 254 m² and features air conditioning, heating via heat pump, and has been recently renovated.<br> <br> Net yield of 7%.<br> <br> Located in a well-established area of Getafe, it benefits from pedestrian traffic, residential density, and easy access, surrounded by services, shops, and excellent transportation links.</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 | > 50,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1990 - 1999 |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1990 - 1999 |
Amenities
Site Amenities
- Elevator
- Public Transportation
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Zona centro
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