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Zona Timón 4,714 SF Retail Condo Unit Offered at $780,186 in Barajas, Madrid 28042
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INVESTMENT HIGHLIGHTS
- Residential area consisting of homes built between the year 2000 and 2010.
- Excellent connection to the airport.
EXECUTIVE SUMMARY
Residential property with 12,541 m2 of built area distributed across six above-ground floors located in Timón. Residential area surrounded by recently constructed apartment blocks with good access to services.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Year Built | 2010 - 2019 |
| 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 | 6 |
| Year Built | 2010 - 2019 |
| Parking | Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
1 UNIT AVAILABLE
Unit Pta. 01
| Unit Size | 4,714 SF | Sale Type | Investment |
| Price | $780,186 | Cap Rate | 4.50% |
| Price Per SF | $165.50 | NOI | $35,108.35 |
| Condo Use | Retail |
| Unit Size | 4,714 SF |
| Price | $780,186 |
| Price Per SF | $165.50 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| NOI | $35,108.35 |
DESCRIPTION
430 m2 space distributed over two floors on a corner.
SALE NOTES
Sale of a 430 m2 commercial space with profitability, currently set up as a gym.
The property is leased and has a well-established business activity, located in a strategic area with a rental contract in place until 2032.
All of this makes this an excellent opportunity to generate returns from day one, with an approximate yield of 4.5%.
Fachada
Presented by
Zona Timón
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