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Las Tablas 1,711 SF Retail Condo Unit Offered at $739,118 in Fuencarral - El Pardo, Madrid 28050
Some information has been automatically translated.
Investment Highlights
- Consolidated area with all types of services nearby.
- Bus stops in the vicinity.
Executive Summary
Residential property in the heart of the Las Tablas neighborhood, in an area with newly constructed buildings and all types of services nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Premises of 159 sq ft.
Sale Notes
Excellent corner commercial space for sale, featuring a smoke vent and a licensed terrace. Currently generating income, it is leased to a highly reliable tenant with a proven track record of punctual rent payments.
The property has an active lease agreement with more than 10 years remaining, recently renewed for an additional 10 years. The lease includes an annual rent adjustment based on the Consumer Price Index (CPI + 5 percentage points starting in the sixth year) and a €22,800 security deposit, making this a secure and stable investment opportunity.
The property offers a total area of 159 m² on a single floor, plus a private 45 m² patio and a sunny outdoor terrace licensed for 20 diners. Key features include a large storefront, smoke vent, climate control, an ADA-compliant restroom, and convenient parking. Its location is excellent, very close to Telefónica and major companies on María Tubau Street.
The property has an active lease agreement with more than 10 years remaining, recently renewed for an additional 10 years. The lease includes an annual rent adjustment based on the Consumer Price Index (CPI + 5 percentage points starting in the sixth year) and a €22,800 security deposit, making this a secure and stable investment opportunity.
The property offers a total area of 159 m² on a single floor, plus a private 45 m² patio and a sunny outdoor terrace licensed for 20 diners. Key features include a large storefront, smoke vent, climate control, an ADA-compliant restroom, and convenient parking. Its location is excellent, very close to Telefónica and major companies on María Tubau Street.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,711 SF | Retail | $739,118 ($431.98/SF) | - |
Unit 1
| Unit Size |
| 1,711 SF |
| Condo Use |
| Retail |
| Price |
| $739,118 ($431.98/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 1,711 SF |
| Condo Use | Retail |
| Price | $739,118 ($431.98/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Premises of 159 sq ft.</li></ul> | |
| Sale Notes | |
| Excellent corner commercial space for sale, featuring a smoke vent and a licensed terrace. Currently generating income, it is leased to a highly reliable tenant with a proven track record of punctual rent payments.<br> <br> The property has an active lease agreement with more than 10 years remaining, recently renewed for an additional 10 years. The lease includes an annual rent adjustment based on the Consumer Price Index (CPI + 5 percentage points starting in the sixth year) and a €22,800 security deposit, making this a secure and stable investment opportunity.<br> <br> The property offers a total area of 159 m² on a single floor, plus a private 45 m² patio and a sunny outdoor terrace licensed for 20 diners. Key features include a large storefront, smoke vent, climate control, an ADA-compliant restroom, and convenient parking. Its location is excellent, very close to Telefónica and major companies on María Tubau Street.</li></ul> |
Property Facts
The following property facts 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 | 6 |
| Property Type | Multifamily (Condo) | Year Built | 2000 - 2009 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 2000 - 2009 |
| Parking | Yes |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Las Tablas
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