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Los Barrios, Cádiz 11379 27,717 SF Retail Building $872,061 ($31.46/SF)



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INVESTMENT HIGHLIGHTS
- Located with the facade facing the street, exposing the user of the space to the business that generates pedestrian traffic.
- Proximity to the A-7 highway and good connection to public transportation.
EXECUTIVE SUMMARY
Great opportunity to acquire a tertiary-use building located in the town of Los Barrios (Cádiz). The property, originally divided horizontally into 34 apartments distributed over two above-ground floors, also includes three commercial premises on the ground floor and garage spaces with storage rooms in the basement. Currently, the building is set up for its last use as a nightclub/discotheque.
The property sits on a plot of 1,483 m² and has a total built area above ground of 2,575 m². 58% of the building is being sold, corresponding to the registered properties that encompass the mentioned 34 apartments.
The asset is located in the Los Cortijillos area, with direct access from the Algeciras–Málaga highway, opposite the industrial and commercial area of Palmones.
The property sits on a plot of 1,483 m² and has a total built area above ground of 2,575 m². 58% of the building is being sold, corresponding to the registered properties that encompass the mentioned 34 apartments.
The asset is located in the Los Cortijillos area, with direct access from the Algeciras–Málaga highway, opposite the industrial and commercial area of Palmones.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
10,000 - 60,000 SF
Building Class
C
Year Built
2000 - 2009
Price
$872,061
Price Per SF
$31.46
Percent Leased
100%
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"Los Barrios, Cádiz 11379"
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