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Calle Ramón Gómez de la Serna 9,213 SF Retail Condo Unit Offered at $1,750,006 in Fuencarral - El Pardo, Madrid 28035
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INVESTMENT HIGHLIGHTS
- Excellent location.
- Busy and well-connected area.
EXECUTIVE SUMMARY
Commercial building constructed in 1988, featuring 3 above-ground floors. It is located in a residential area, close to bus stops and a metro station.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Floors | 3 |
| Property Type | Retail (Condo) | Year Built | 1980 - 1989 |
| Building Class | C |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 3 |
| Year Built | 1980 - 1989 |
AMENITIES
- Bus Line
- Metro/Subway
- Close to Public Transportation
- Natural Light
1 UNIT AVAILABLE
| Unit Size | 9,213 SF | Sale Type | Investment |
| Price | $1,750,006 | Cap Rate | 5.00% |
| Price Per SF | $189.95 | NOI | $87,500.29 |
| Condo Use | Retail |
| Unit Size | 9,213 SF |
| Price | $1,750,006 |
| Price Per SF | $189.95 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $87,500.29 |
DESCRIPTION
Spacious commercial space with an area of 856 m2 located on Ramón Gómez de la Serna Street.
SALE NOTES
Sale of a commercial property with rental income, currently leased and operating as a gym.
It has a total built area of 856 m2.
Fully renovated, equipped, with activity licenses, and has been fully operational for several years.
Net return of 5%.
Lease contract starting October 2023.
Term: 20 years + annual renewal.
Mandatory compliance for 10 years.
Tenant with proven financial solvency, reliability, and extensive professional experience.
Interior Photo
Floor Plan
Interior Photo
Interior Photo
NEARBY MAJOR RETAILERS
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Calle Ramón Gómez de la Serna
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