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Arganzuela 1,969 SF Retail Condo Unit Offered at $721,442 in Arganzuela, Madrid 28019

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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 4.84% |
| Sale Type | Investment |
| Cap Rate | 4.84% |
Description
Space with a total area of 183.20 m2 on the ground 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 excellent 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%.
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 excellent 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%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 01-02 | 1,969 SF | Retail | $721,442 ($366.40/SF) | $34,908.48 |
Unit 01-02
| Unit Size |
| 1,969 SF |
| Condo Use |
| Retail |
| Price |
| $721,442 ($366.40/SF) |
| NOI |
| $34,908.48 |
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Unit 01-02
| Unit Size | 1,969 SF |
| Condo Use | Retail |
| Price | $721,442 ($366.40/SF) |
| NOI | $34,908.48 |
| Sale Type | Investment |
| Cap Rate | 4.84% |
| Description | |
| Space with a total area of 183.20 m2 on the ground floor.</li></ul> | |
| Sale Notes | |
| Commercial space located in the Arganzuela district. <br> 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. <br> <br> The location offers excellent 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. <br> <br> Currently leased under a recently signed long-term contract. Yield: 4.84%.</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 | 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
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Arganzuela
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