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Plaza Don Antonio de Andrés 1,291 SF Retail Condo Unit Offered at $335,175 in Vicálvaro, Madrid 28032
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Investment Highlights
- Established 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 constructed 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 equivalent to 2 months' rent.
Additional guarantee equivalent to 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 a smoke vent and air conditioning installation leading to the roof.
Gross yield of 5.59%.
10-year lease agreement with 3 years mandatory compliance.
Legal deposit equivalent to 2 months' rent.
Additional guarantee equivalent to 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 a smoke vent and air conditioning installation leading to the roof.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,291 SF | Retail | $335,175 ($259.62/SF) | - |
-
| Unit Size |
| 1,291 SF |
| Condo Use |
| Retail |
| Price |
| $335,175 ($259.62/SF) |
| NOI |
| - |
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| Unit Size | 1,291 SF |
| Condo Use | Retail |
| Price | $335,175 ($259.62/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Commercial space located on the ground floor of a newly constructed 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 equivalent to 2 months' rent. <br> Additional guarantee equivalent to 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 a smoke vent and air conditioning installation leading 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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