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Usera 7,793 SF Retail Building Usera, Madrid 28041 $1,548,291 ($198.68/SF) 5.15% Cap Rate
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Investment Highlights
- Net return of 5.15%.
- Double façade with access to two streets.
- Long-term contract.
- Located in the district of Usera.
Executive Summary
Profitable commercial space located in the city of Madrid, in the district of Usera.
The asset has a total area of 724 m2 on the street floor. The premises have access from two streets, allowing for a double façade. It is presented as a single space at street level.
The immediate environment is comprised of residential buildings, urban facilities and green areas. Nearby there are sports and public spaces such as the Magic Box, as well as areas of continuous pedestrian traffic throughout the day. The area has a registered population of more than 15,000 people.
The asset has a total area of 724 m2 on the street floor. The premises have access from two streets, allowing for a double façade. It is presented as a single space at street level.
The immediate environment is comprised of residential buildings, urban facilities and green areas. Nearby there are sports and public spaces such as the Magic Box, as well as areas of continuous pedestrian traffic throughout the day. The area has a registered population of more than 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
$1,548,291
Price Per SF
$198.68
Cap Rate
5.15%
NOI
$79,737
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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