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Las Tablas 1,711 SF Retail Condo Unit Offered at $753,053 in Fuencarral - El Pardo, Madrid 28050
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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 1
| Unit Size | 1,711 SF | Condo Use | Retail |
| Price | $753,053 | Sale Type | Investment |
| Price Per SF | $440.12 |
| Unit Size | 1,711 SF |
| Price | $753,053 |
| Price Per SF | $440.12 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Premises of 159 sq ft.
Sale Notes
For sale: excellent corner commercial space with smoke vent and licensed terrace, currently generating income, rented to a highly solvent tenant with demonstrable punctual rent payments.
The property has an active lease agreement for over 10 years, recently renewed for another 10 years, with annual adjustments based on the CPI (CPI + 5 percentage points starting in the sixth year), as well as €22,800 provided as a security deposit, making this a secure and stable investment opportunity.
The property features a total area of 159 m² on a single floor, plus a private patio of 45 m², along with a sunny outdoor terrace licensed for 20 diners. It stands out for its large façade, smoke vent, climate control, restroom adapted for individuals with reduced mobility, and convenient parking. Its location is excellent, very close to Telefónica and the main companies on María Tubau Street.
Property Facts
| 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 |
Presented by
Las Tablas
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