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Calle de Bravo Murillo 6,038 SF Retail Condo Unit Offered at $2,180,031 in Tetuán, Madrid 28020



Some information has been automatically translated.
Investment Highlights
- Busy and commercial area
- Very good public transportation access.
Executive Summary
Residential property with 2,567 m² built, distributed across four above-ground floors, located in Tetuán. Situated just a few meters from Plaza de Castilla, in a busy and commercial area with excellent foot and vehicle traffic.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
Description
The property is spread across three floors, totaling 565 m2. The ground floor, measuring 154 m2, features a waiting room separated by glass partitions, several offices, meeting rooms, and an accessible bathroom. The first floor, covering 260 m2, includes five offices, an open area with natural light, and an emergency exit. The basement, with 147 m2, offers changing rooms, a bathroom, storage space, a kitchenette, and a utility room.
Sale Notes
Sale of a high-yield corner commercial property located on Bravo Murillo Street.
Situated in a highly commercial area with significant pedestrian and vehicular traffic.
The space is currently leased to a dental and aesthetic clinic, generating a net return of 6%. The lease agreement has been in effect since 2021 and is set to expire in 2031.
The tenant is reliable and financially stable, with the business operating for over three years.
The property is distributed across three floors and is in excellent condition. It also features large storefront windows on the ground and first floors. Below is the detailed layout of the different levels:
- **Ground Floor**: 154 m², featuring glass partitions that separate the waiting area, several offices and rooms, as well as a bathroom adapted for individuals with reduced mobility.
- **First Floor**: 260 m², consisting of 5 offices/cabins or treatment rooms, an open-plan area, natural light from the street, and an emergency exit.
- **Basement**: 147 m², equipped with changing rooms, a bathroom, storage space, a kitchenette, and a storage room.
Situated in a highly commercial area with significant pedestrian and vehicular traffic.
The space is currently leased to a dental and aesthetic clinic, generating a net return of 6%. The lease agreement has been in effect since 2021 and is set to expire in 2031.
The tenant is reliable and financially stable, with the business operating for over three years.
The property is distributed across three floors and is in excellent condition. It also features large storefront windows on the ground and first floors. Below is the detailed layout of the different levels:
- **Ground Floor**: 154 m², featuring glass partitions that separate the waiting area, several offices and rooms, as well as a bathroom adapted for individuals with reduced mobility.
- **First Floor**: 260 m², consisting of 5 offices/cabins or treatment rooms, an open-plan area, natural light from the street, and an emergency exit.
- **Basement**: 147 m², equipped with changing rooms, a bathroom, storage space, a kitchenette, and a storage room.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 6,038 SF | Retail | $2,180,031 ($361.05/SF) | $130,801.88 |
-
| Unit Size |
| 6,038 SF |
| Condo Use |
| Retail |
| Price |
| $2,180,031 ($361.05/SF) |
| NOI |
| $130,801.88 |
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| Unit Size | 6,038 SF |
| Condo Use | Retail |
| Price | $2,180,031 ($361.05/SF) |
| NOI | $130,801.88 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| Description | |
| The property is spread across three floors, totaling 565 m2. The ground floor, measuring 154 m2, features a waiting room separated by glass partitions, several offices, meeting rooms, and an accessible bathroom. The first floor, covering 260 m2, includes five offices, an open area with natural light, and an emergency exit. The basement, with 147 m2, offers changing rooms, a bathroom, storage space, a kitchenette, and a utility room.</li></ul> | |
| Sale Notes | |
| Sale of a high-yield corner commercial property located on Bravo Murillo Street. <br> Situated in a highly commercial area with significant pedestrian and vehicular traffic. <br> <br> The space is currently leased to a dental and aesthetic clinic, generating a net return of 6%. The lease agreement has been in effect since 2021 and is set to expire in 2031. <br> The tenant is reliable and financially stable, with the business operating for over three years. <br> <br> The property is distributed across three floors and is in excellent condition. It also features large storefront windows on the ground and first floors. Below is the detailed layout of the different levels: <br> <br> - **Ground Floor**: 154 m², featuring glass partitions that separate the waiting area, several offices and rooms, as well as a bathroom adapted for individuals with reduced mobility. <br> - **First Floor**: 260 m², consisting of 5 offices/cabins or treatment rooms, an open-plan area, natural light from the street, and an emergency exit. <br> - **Basement**: 147 m², equipped with changing rooms, a bathroom, storage space, a kitchenette, and a storage room. </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 | 4 |
| Property Subtype | Apartment | Year Built | 1920 - 1929 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Year Built | 1920 - 1929 |
Amenities
- Bus Line
- Natural Light
Site Amenities
- Courtyard
- Close to Public Transportation
- Doorman
- Reception
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Calle de Bravo Murillo
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