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Calle Padre Claret 1,862 SF Retail Condo Unit Offered at $506,353 in Chamartín, Madrid 28002
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Investment Highlights
- Consolidated area with all types of services nearby.
- Just steps away from the exits to the M-30.
Executive Summary
Residential building with all kinds of services nearby.
1 Unit Available
Unit 1
| Unit Size | 1,862 SF | Sale Type | Investment |
| Price | $506,353 | Cap Rate | 5.00% |
| Price Per SF | $271.94 | NOI | $25,317.65 |
| Condo Use | Retail |
| Unit Size | 1,862 SF |
| Price | $506,353 |
| Price Per SF | $271.94 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $25,317.65 |
Description
Income-generating commercial space.
The property has 173 square meters.
Sale Notes
Commercial property currently rented, generating income from day one—an especially attractive option for investors seeking immediate returns and stability. The property is leased to a canine center, a growing and recurring activity that ensures continuity in the lease and presents a moderate risk profile.
The property has an approximate area of 173 m², distributed across three floors that allow for functional and well-organized use of the space. The basement floor covers 40 m², featuring two restrooms and an auxiliary room; the ground floor offers 75.35 m² of open space, ideal for customer service; and the mezzanine adds 58 m², divided into two rooms designated for complementary uses.
The lease agreement is valid starting May 27, 2025, with a duration of 10 years, extending until 2035, ensuring a long-term income horizon. The investment offers a gross yield of 5.6% and a net yield of 5%, making it a solid and well-structured opportunity within the real estate market.
+14 More
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Property Facts
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1990 - 1999 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1990 - 1999 |
Amenities
- Bus Line
- Natural Light
Site Amenities
- Close to Public Transportation
Presented by
Calle Padre Claret
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