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Calle de Alcalá 645 SF Retail Condo Unit Offered at $751,696 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.17% |
| Sale Type | Investment |
| Cap Rate | 5.17% |
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 an exhaust system.
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 via 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%.
The immediate surroundings feature established commercial hubs with high pedestrian traffic and a strong presence of local services.
The location offers excellent connectivity via 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%.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 645 SF | Retail | $751,696 ($1,165.42/SF) | $38,890.37 |
-
| Unit Size |
| 645 SF |
| Condo Use |
| Retail |
| Price |
| $751,696 ($1,165.42/SF) |
| NOI |
| $38,890.37 |
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| Unit Size | 645 SF |
| Condo Use | Retail |
| Price | $751,696 ($1,165.42/SF) |
| NOI | $38,890.37 |
| Sale Type | Investment |
| Cap Rate | 5.17% |
| 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 an exhaust system.</li></ul> | |
| Sale Notes | |
| Commercial property with profitability located on Alcalá Street, just a few meters from Plaza de Quintana. <br> The immediate surroundings feature established commercial hubs with high pedestrian traffic and a strong presence of local services. <br> The location offers excellent connectivity via 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. <br> <br> Long-term lease recently signed. The asset offers a gross yield of 5.12%.</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 | < 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
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Calle de Alcalá
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