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Plaza Don Antonio de Andrés 1,291 SF Retail Condo Unit Offered at $336,166 in Vicálvaro, Madrid 28032
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Investment Highlights
- Consolidated residential area.
- High foot traffic.
Executive Summary
Recently constructed residential building, completed in 2024. It has 3 above-ground floors, featuring apartments on the upper levels and commercial spaces on the ground floor.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Commercial space located on the ground floor of a newly built residential building.
It has an area of 120 m2.
It has an area of 120 m2.
Sale Notes
Commercial space currently rented available for sale under the following conditions:
Gross yield of 5.59%.
10-year lease agreement with 3 years mandatory compliance.
Legal deposit of 2 months' rent.
Additional guarantee of 5 months' rent.
Located on the ground floor of a newly constructed residential building.
Originally, it consists of two commercial spaces with a combined built area of 120 m².
Equipped with smoke extraction and air conditioning installation to the roof.
Gross yield of 5.59%.
10-year lease agreement with 3 years mandatory compliance.
Legal deposit of 2 months' rent.
Additional guarantee of 5 months' rent.
Located on the ground floor of a newly constructed residential building.
Originally, it consists of two commercial spaces with a combined built area of 120 m².
Equipped with smoke extraction and air conditioning installation to the roof.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,291 SF | Retail | $336,166 ($260.39/SF) | - |
-
| Unit Size |
| 1,291 SF |
| Condo Use |
| Retail |
| Price |
| $336,166 ($260.39/SF) |
| NOI |
| - |
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| Unit Size | 1,291 SF |
| Condo Use | Retail |
| Price | $336,166 ($260.39/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Commercial space located on the ground floor of a newly built residential building.<br> <br> It has an area of 120 m2.</li></ul> | |
| Sale Notes | |
| Commercial space currently rented available for sale under the following conditions:<br> <br> Gross yield of 5.59%. <br> 10-year lease agreement with 3 years mandatory compliance. <br> Legal deposit of 2 months' rent. <br> Additional guarantee of 5 months' rent. <br> <br> Located on the ground floor of a newly constructed residential building. <br> <br> Originally, it consists of two commercial spaces with a combined built area of 120 m². <br> <br> Equipped with smoke extraction and air conditioning installation to the roof. </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 | 10,000 - 60,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 3 |
| Property Subtype | Apartment | Year Built | 2020 - 2026 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Year Built | 2020 - 2026 |
Amenities
Site Amenities
- Pool
- Security System
- Video Patrol
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1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Plaza Don Antonio de Andrés
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