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Calle Menéndez Valdés 9,687 SF Retail Condo Unit Offered at $4,978,971 in Gijón, Asturias 33201
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Investment Highlights
- High pedestrian and vehicular traffic density.
- Near San Lorenzo Beach.
Executive Summary
Six-story residential building above ground level, featuring a commercial space on the ground floor and apartments on the upper floors. High pedestrian and vehicular traffic density.
1 Unit Available
| Unit Size | 9,687 SF | Sale Type | Investment |
| Price | $4,978,971 | Cap Rate | 5.61% |
| Price Per SF | $513.98 | NOI | $279,320.28 |
| Condo Use | Retail |
| Unit Size | 9,687 SF |
| Price | $4,978,971 |
| Price Per SF | $513.98 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.61% |
| NOI | $279,320.28 |
Description
Premises with a total area of 900 m², distributed as 494 m² on the ground floor and 406 m² in the basement. It features 2 large facades directly facing the public street, spanning over 30 linear meters.
Sale Notes
Commercial space located in one of the best retail areas in the city of Gijón.
Currently leased under a long-term contract to a tenant with a very well-known brand.
Highly commercial location dominated by prestigious brands such as Cortefiel, Women' Secret, and others.
Modern and central area with high foot and vehicle traffic due to the wide range of activities available at all hours. It is very well connected to the rest of the city, with public transportation options nearby.
Fachada
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1950 - 1959/2000 - 2009 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built/Renovated | 1950 - 1959/2000 - 2009 |
Presented by
Calle Menéndez Valdés
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