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Calle de la Princesa 3,713 SF Office Condo Unit Offered at $1,740,862 in Moncloa - Aravaca, Madrid 28008
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INVESTMENT HIGHLIGHTS
- Located next to Plaza de España.
- Excellent connections by metro, bus, and main roads.
- Area with commercial and administrative activity.
- Close to service areas and Gran Vía.
EXECUTIVE SUMMARY
Office building located on Calle de la Princesa, in the Moncloa-Aravaca district of Madrid. It is just a short distance from Plaza de España, one of the city's main urban and transportation hubs, as well as highly active commercial and administrative areas. The location offers excellent connectivity through the Plaza de España and Ventura Rodríguez metro stations, several bus lines, and direct access to the M-30 and Gran Vía.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 7 |
| Property Type | Office (Condo) | Year Built | 1970 - 1979 |
| Building Class | B |
| Total Building Size | > 50,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 7 |
| Year Built | 1970 - 1979 |
AMENITIES
- 24 Hour Access
- Controlled Access
- Concierge
- Wheelchair Accessible
- Reception
- Air Conditioning
1 UNIT AVAILABLE
Unit Módulo 3.3 y 3.4
| Unit Size | 3,713 SF | Sale Type | Investment |
| Price | $1,740,862 | Cap Rate | 4.15% |
| Price Per SF | $468.86 | NOI | $72,245.77 |
| Condo Use | Office |
| Unit Size | 3,713 SF |
| Price | $1,740,862 |
| Price Per SF | $468.86 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 4.15% |
| NOI | $72,245.77 |
DESCRIPTION
The property consists of two adjoining offices located in an exclusive building designated for tertiary use.
It has a total cadastral area of 345 m2, distributed as 166 m2 and 179 m2 respectively.
SALE NOTES
Ref.: AR02850
Office located in the municipality of Madrid, in the area of Calle Princesa.
It is currently leased under a 6-year contract (3+3), signed in October 2022. The current rent is €5,356 per month plus community fees, generating a yield of 4.15%.
The area is strategic, well-established, and equipped with numerous services, shops, and facilities. The location offers excellent public transportation connections, with access to several metro lines, buses, and the main road network.
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Presented by
Calle de la Princesa
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