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Zona centro 2,734 SF Retail Condo Unit Offered at $279,994 in Getafe, Madrid 28901
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Investment Highlights
- Consolidated 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 Size | 2,734 SF | Sale Type | Investment |
| Price | $279,994 | Cap Rate | 7.00% |
| Price Per SF | $102.41 | NOI | $19,599.57 |
| Condo Use | Retail |
| Unit Size | 2,734 SF |
| Price | $279,994 |
| Price Per SF | $102.41 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $19,599.57 |
Description
Local of 254 m2, renovated, at 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 that is 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.
Fachada
Property Facts
| 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
Presented by
Zona centro
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