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Calle de Sajonia 3,229 SF Retail Condo Unit Offered at $765,372 in San Blas - Canillejas, Madrid 28022

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INVESTMENT HIGHLIGHTS

Strategic location near the Wanda Metropolitano stadium.
Tenant with a current contract and a return of 7.4% per year.
Terrace operating all year round with 12 tables.

Local adapted for people with reduced mobility.
Renovated and fully equipped professional kitchen.
Revaluation potential in a consolidated residential area.

EXECUTIVE SUMMARY

Residential building with 7 above-ground floors located in the Rosas neighborhood. Established area with good transportation links.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Floors	7
Property Type	Multifamily (Condo)	Year Built	1990 - 1999
Property Subtype	Apartment	Parking	Yes
Building Class	C

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	7
Year Built	1990 - 1999
Parking	Yes

Bus Line

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Size	3,229 SF	Condo Use	Retail
Price	$765,372	Sale Type	Investment
Price Per SF	$237.03

Unit Size	3,229 SF
Price	$765,372
Price Per SF	$237.03
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

300 m2 commercial space at street level in the Rosas neighborhood. Set up as a restaurant. It has a main living room, cafeteria area, kitchen, terrace, changing rooms, warehouse and toilets. Adapted for people with reduced mobility.

SALE NOTES

Located in the well-established neighborhood of Las Rosas, just 15 minutes from the Wanda Metropolitano stadium, this restaurant represents an exceptional investment opportunity. Operating since 1998, the asset consists of two corner commercial spaces with a total area of 300 m2. It features a functional layout that includes a café area, main dining room with a reserved area, year-round operational terrace, changing rooms, and storage.

The property is fully adapted for people with reduced mobility and has a fully equipped professional kitchen, renovated in 2017, with high-end equipment such as a Rational oven, Roner, griddle, burners, refrigerators, and heat lamps. This infrastructure allows for efficient and high-performance operations.

Currently, the restaurant is leased with a 10-year contract, of which three years have already been completed. The tenant has demonstrated reliability and punctuality in payments, ensuring an annual return of 7.4% on the sale price. Fixed expenses are moderate, reinforcing the financial stability of the asset.

The strategic location, in a residential area with excellent access to public transportation and a high influx of local customers, is enhanced by its proximity to the Wanda Metropolitano stadium, which increases customer flow on event days. This combination of factors makes the property a solid investment with potential for capital appreciation in the medium to long term.