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Usera 7,793 SF Retail Building Usera, Madrid 28041 $1,558,029 ($199.92/SF) 5.15% Cap Rate
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Investment Highlights
- Net return of 5.15%.
- Double frontage with access to two streets.
- Long-term contract.
- Located in the Usera district.
Executive Summary
Commercial property with profitability located in the city of Madrid, in the Usera district.
The asset has a total area of 724 m² on the ground floor. The property features access from two streets, allowing for a double façade. It is presented as a single space at street level.
The immediate surroundings consist of residential buildings, urban facilities, and green areas. Nearby, there are sports facilities and public spaces such as the Caja Mágica, as well as areas with continuous pedestrian traffic throughout the day. The area has a registered population of over 15,000 people.
The asset has a total area of 724 m² on the ground floor. The property features access from two streets, allowing for a double façade. It is presented as a single space at street level.
The immediate surroundings consist of residential buildings, urban facilities, and green areas. Nearby, there are sports facilities and public spaces such as the Caja Mágica, as well as areas with continuous pedestrian traffic throughout the day. The area has a registered population of over 15,000 people.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
< 15,000 SF
Building Class
C
Year Built
1960 - 1969
Price
$1,558,029
Price Per SF
$199.92
Cap Rate
5.15%
NOI
$80,239
Tenancy
Single
Amenities
- Fireplace
- Storage Space
- Air Conditioning
- Smoke Detector
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Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Usera
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