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Zona centro 1,614 SF Retail Condo Unit Offered at $607,589 in Carabanchel, Madrid 28047
Some information has been automatically translated.
Investment Highlights
- Unbeatable location with all types of services around.
- Bus stops in the vicinity.
Executive Summary
Residential building located in a well-established area with all types of services nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.50% |
| Sale Type | Investment |
| Cap Rate | 5.50% |
Description
Commercial space of 150 m2. Currently leased. Gross yield of 6% and net yield of 5.5%.
Sale Notes
Commercial property for sale, currently leased, ensuring income from day one and making it an excellent opportunity for investors seeking immediate profitability and stability. The property is rented to a well-established retail company with a presence in multiple cities across Spain, providing solidity to the lease agreement and long-term security.
The premises are fully operational, with ongoing commercial activity, and located on a busy avenue with high pedestrian and vehicle traffic. It is surrounded by shops, supermarkets, restaurants, and various services, making it a high-visibility area with strong commercial appeal—ideal for ensuring a solid return on investment.
The property offers approximately 150 m² of space, complemented by an adjacent covered patio of about 250 m², exclusively for the use of the premises. The lease agreement has been in effect since December 2023 and provides a gross yield of 6% and a net yield of 5.5%.
The premises are fully operational, with ongoing commercial activity, and located on a busy avenue with high pedestrian and vehicle traffic. It is surrounded by shops, supermarkets, restaurants, and various services, making it a high-visibility area with strong commercial appeal—ideal for ensuring a solid return on investment.
The property offers approximately 150 m² of space, complemented by an adjacent covered patio of about 250 m², exclusively for the use of the premises. The lease agreement has been in effect since December 2023 and provides a gross yield of 6% and a net yield of 5.5%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,614 SF | Retail | $607,589 ($376.45/SF) | $33,417.40 |
Unit 1
| Unit Size |
| 1,614 SF |
| Condo Use |
| Retail |
| Price |
| $607,589 ($376.45/SF) |
| NOI |
| $33,417.40 |
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Unit 1
| Unit Size | 1,614 SF |
| Condo Use | Retail |
| Price | $607,589 ($376.45/SF) |
| NOI | $33,417.40 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Description | |
| Commercial space of 150 m2. Currently leased. Gross yield of 6% and net yield of 5.5%.</li></ul> | |
| Sale Notes | |
| Commercial property for sale, currently leased, ensuring income from day one and making it an excellent opportunity for investors seeking immediate profitability and stability. The property is rented to a well-established retail company with a presence in multiple cities across Spain, providing solidity to the lease agreement and long-term security.<br> <br> The premises are fully operational, with ongoing commercial activity, and located on a busy avenue with high pedestrian and vehicle traffic. It is surrounded by shops, supermarkets, restaurants, and various services, making it a high-visibility area with strong commercial appeal—ideal for ensuring a solid return on investment.<br> <br> The property offers approximately 150 m² of space, complemented by an adjacent covered patio of about 250 m², exclusively for the use of the premises. The lease agreement has been in effect since December 2023 and provides a gross yield of 6% and a net yield of 5.5%.</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 | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1960 - 1969 |
Amenities
- Bus Line
Site Amenities
- Close to Public Transportation
- Elevator
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Zona centro
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