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Calle de Alcalá 645 SF Retail Condo Unit Offered at $752,239 in Ciudad Lineal, Madrid 28027
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INVESTMENT HIGHLIGHTS
- Consolidated urban environment.
- Quintana metro station (Line 5) and several bus lines.
EXECUTIVE SUMMARY
Residential building located on Alcalá Street, just a few meters from Plaza de Quintana, in a well-established urban area with local shops, services, and basic facilities. The location offers good connectivity through road networks and public transportation, with Quintana metro station (Line 5) and several urban bus lines providing access to different parts of the city.
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 3 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Year Built | 1960 - 1969 |
AMENITIES
SITE AMENITIES
- Close to Public Transportation
1 UNIT AVAILABLE
| Unit Size | 645 SF | Sale Type | Investment |
| Price | $752,239 | Cap Rate | 5.17% |
| Price Per SF | $1,166.26 | NOI | $38,918.45 |
| Condo Use | Retail |
| Unit Size | 645 SF |
| Price | $752,239 |
| Price Per SF | $1,166.26 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.17% |
| NOI | $38,918.45 |
DESCRIPTION
Commercial space of 60 m2 located in a mixed-use building in good condition. It features a 6-meter linear façade and does not have a smoke vent.
SALE NOTES
Commercial property with profitability located on Alcalá Street, just a few meters from Plaza de Quintana.
The immediate surroundings feature established commercial hubs with high pedestrian traffic and a strong presence of local services.
The location offers excellent connectivity through road networks and public transportation, with the Quintana metro station (Line 5) nearby, as well as several urban bus lines connecting to various parts of the city.
Long-term lease recently signed. The asset offers a gross yield of 5.12%.
Presented by
Urbagesa
Calle de Alcalá
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