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Arganzuela 1,969 SF Retail Condo Unit Offered at $726,344 in Arganzuela, Madrid 28019
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1 Unit Available
Unit 01-02
| Unit Size | 1,969 SF | Sale Type | Investment |
| Price | $726,344 | Cap Rate | 4.84% |
| Price Per SF | $368.89 | NOI | $35,145.68 |
| Condo Use | Retail |
| Unit Size | 1,969 SF |
| Price | $726,344 |
| Price Per SF | $368.89 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.84% |
| NOI | $35,145.68 |
Description
Space with a total area of 183.20 m2 on the street floor.
Sale Notes
Commercial space located in the Arganzuela district.
Within a short distance is the Palos de la Frontera transport hub, as well as the Embajadores area, consolidated urban zones with a wide range of services and economic activity.
The location offers good connectivity via road networks and public transportation, with highlights including the Palos de la Frontera metro station (Line 3) and several bus lines that connect to other parts of the city.
Currently leased under a recently signed long-term contract. Yield: 4.84%.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 8 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Year Built | 1970 - 1979 |
Amenities
Site Amenities
- Security System
- Doorman
- Wheelchair Accessible
- Elevator
- Key Fob Entry
Presented by
Arganzuela
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