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Investment Highlights

  • Ideal for investors
  • Excellent location
  • Gross annual return of 5%

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,173 SF
  • Retail
  • $839,324 ($715.54/SF)
  • $41,966.22
Sale Type Investment
Cap Rate 5.00%
Sale Notes
Magnificent commercial space for sale with profitability in Las Tablas. It is located in the best area of Las Tablas, surrounded by major national and international companies, as well as a wide variety of services in the vicinity.

The property has a surface area of 109 square meters, all on the ground floor. It features a large façade, approximately 16 linear meters on a corner, high ceilings (3 meters), smoke extraction, a hospitality license, and a terrace license (41 chairs and 11 tables).

The annual gross yield is 4.40% (net yield of 4.25%). The space is currently rented to a well-known tenant with excellent guarantees.
Unit Unit Size Condo Use Price NOI
- 1,173 SF Retail $839,324 ($715.54/SF) $41,966.22

-

Unit Size
1,173 SF
Condo Use
Retail
Price
$839,324 ($715.54/SF)
NOI
$41,966.22

-

Unit Size 1,173 SF
Condo Use Retail
Price $839,324 ($715.54/SF)
NOI $41,966.22
Sale Type Investment
Cap Rate 5.00%
Sale Notes
Magnificent commercial space for sale with profitability in Las Tablas. It is located in the best area of Las Tablas, surrounded by major national and international companies, as well as a wide variety of services in the vicinity. <br> <br> The property has a surface area of 109 square meters, all on the ground floor. It features a large fa&#231;ade, approximately 16 linear meters on a corner, high ceilings (3 meters), smoke extraction, a hospitality license, and a terrace license (41 chairs and 11 tables). <br> <br> The annual gross yield is 4.40% (net yield of 4.25%). The space is currently rented to a well-known tenant with excellent guarantees.</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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 7
Year Built 2000 - 2009

Amenities

  • Bus Line
  • Natural Light

Site Amenities

  • Close to Public Transportation
  • Listing ID: 33320195

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: Fuencarral - El Pardo, Madrid 28050

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