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Chamartín 11,904 SF Retail Condo Unit Offered at $8,474,773 in Chamartín, Madrid 28016
Some information has been automatically translated.
Investment Highlights
- Area with a lot of foot and road traffic.
- Several metro and bus stops nearby.
Executive Summary
Residential building with 8 above-ground floors, featuring commercial spaces on the ground floor and apartments on the upper levels. Additionally, it boasts excellent public transportation connections, located very close to the Colombia, Nuevos Ministerios, and Avenida de América metro stations, as well as a wide variety of urban bus lines.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 4.52% |
| Sale Type | Investment |
| Cap Rate | 4.52% |
Description
Area of the premises 1,106 m2 with 589 m2 on the street floor and 517 m2 in the basement. It has a smoke outlet and a terrace.
Sale Notes
Commercial property for sale with profitability located in the Chamartín district, next to Plaza República Dominicana and very close to Berlin Park.
Net profitability of 4.52% until 2026, increasing to 4.92% for the remainder of the contract.
It is situated on one of the main arteries of Príncipe de Vergara Street, a residential area with a variety of shops and hospitality businesses.
Additionally, it has excellent public transportation connections, being very close to the metro stations of Colombia, Nuevos Ministerios, and Avenida de América, as well as a wide range of urban bus lines.
Net profitability of 4.52% until 2026, increasing to 4.92% for the remainder of the contract.
It is situated on one of the main arteries of Príncipe de Vergara Street, a residential area with a variety of shops and hospitality businesses.
Additionally, it has excellent public transportation connections, being very close to the metro stations of Colombia, Nuevos Ministerios, and Avenida de América, as well as a wide range of urban bus lines.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 11,904 SF | Retail | $8,474,773 ($711.93/SF) | $383,059.75 |
-
| Unit Size |
| 11,904 SF |
| Condo Use |
| Retail |
| Price |
| $8,474,773 ($711.93/SF) |
| NOI |
| $383,059.75 |
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| Unit Size | 11,904 SF |
| Condo Use | Retail |
| Price | $8,474,773 ($711.93/SF) |
| NOI | $383,059.75 |
| Sale Type | Investment |
| Cap Rate | 4.52% |
| Description | |
| Area of the premises 1,106 m2 with 589 m2 on the street floor and 517 m2 in the basement. It has a smoke outlet and a terrace.</li></ul> | |
| Sale Notes | |
| Commercial property for sale with profitability located in the Chamartín district, next to Plaza República Dominicana and very close to Berlin Park.<br> <br> Net profitability of 4.52% until 2026, increasing to 4.92% for the remainder of the contract.<br> <br> It is situated on one of the main arteries of Príncipe de Vergara Street, a residential area with a variety of shops and hospitality businesses.<br> <br> Additionally, it has excellent public transportation connections, being very close to the metro stations of Colombia, Nuevos Ministerios, and Avenida de América, as well as a wide range of urban bus lines.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 8 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Year Built | 1950 - 1959 |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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