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Ronda Atocha 3,648 SF Retail Condo Unit Offered at $1,153,456 in Centro, Madrid 28012
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Investment Highlights
- Transited and commercial area.
- A few meters from the Embajadores roundabout.
Executive Summary
Residential property with 12,576 m2 of built area distributed across nine above-ground floors, located in Lavapiés-Embajadores. Consolidated residential area surrounded by shops and services, with good public transportation connections.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.40% |
| Sale Type | Investment |
| Cap Rate | 5.40% |
Sale Notes
Sale of a profitable retail space located on Ronda de Atocha Street
This retail space of 366 square meters is up for sale, featuring 233 square meters on the ground floor and 106 square meters on the mezzanine.
It has a stable and reliable tenant with an active lease, offering a gross return of 5.86% and generating income from day one.
The building, constructed in 1975, has a favorable technical inspection (ITE) valid until 2031, ensuring structural soundness and good condition.
This retail space of 366 square meters is up for sale, featuring 233 square meters on the ground floor and 106 square meters on the mezzanine.
It has a stable and reliable tenant with an active lease, offering a gross return of 5.86% and generating income from day one.
The building, constructed in 1975, has a favorable technical inspection (ITE) valid until 2031, ensuring structural soundness and good condition.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta 01 | 3,648 SF | Retail | $1,153,456 ($316.19/SF) | $62,286.61 |
Unit Puerta 01
| Unit Size |
| 3,648 SF |
| Condo Use |
| Retail |
| Price |
| $1,153,456 ($316.19/SF) |
| NOI |
| $62,286.61 |
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Street
Map
Unit Puerta 01
| Unit Size | 3,648 SF |
| Condo Use | Retail |
| Price | $1,153,456 ($316.19/SF) |
| NOI | $62,286.61 |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| Sale Notes | |
| Sale of a profitable retail space located on Ronda de Atocha Street<br> <br> This retail space of 366 square meters is up for sale, featuring 233 square meters on the ground floor and 106 square meters on the mezzanine.<br> <br> It has a stable and reliable tenant with an active lease, offering a gross return of 5.86% and generating income from day one.<br> <br> The building, constructed in 1975, has a favorable technical inspection (ITE) valid until 2031, ensuring structural soundness and good condition.</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 | > 50,000 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Year Built | 1970 - 1979 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | B |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 9 |
| Year Built | 1970 - 1979 |
| Parking | Yes |
Amenities
Site Amenities
- Elevator
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Ronda Atocha
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