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Avenida de la Peseta 968 SF Retail Condo Unit Offered at $334,761 in Carabanchel, Madrid 28054
Some information has been automatically translated.
Investment Highlights
- Excellent connections by public and private transport.
- Great visibility.
Executive Summary
Residential building with all kinds of services around it.
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 90 m2.
Currently generating income.
Currently generating income.
Sale Notes
Investment commercial property located on Pinar de San José Street, within the established residential and commercial area of Carabanchel, one of the most densely populated zones in the southwest of Madrid. The asset is currently leased under a five-year contract starting in September 2024, generating a monthly rent of €1,500 plus VAT and offering an advertised yield of 5.5%.
The property holds a hospitality license and is operational, providing the buyer with an immediate income stream upon acquisition. Its approximately 10-meter facade enhances commercial visibility to the public and facilitates business identification.
The property holds a hospitality license and is operational, providing the buyer with an immediate income stream upon acquisition. Its approximately 10-meter facade enhances commercial visibility to the public and facilitates business identification.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 968 SF | Retail | $334,761 ($345.83/SF) | $18,411.85 |
Unit 2
| Unit Size |
| 968 SF |
| Condo Use |
| Retail |
| Price |
| $334,761 ($345.83/SF) |
| NOI |
| $18,411.85 |
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Unit 2
| Unit Size | 968 SF |
| Condo Use | Retail |
| Price | $334,761 ($345.83/SF) |
| NOI | $18,411.85 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Description | |
| Commercial space of 90 m2. <br> Currently generating income.</li></ul> | |
| Sale Notes | |
| Investment commercial property located on Pinar de San José Street, within the established residential and commercial area of Carabanchel, one of the most densely populated zones in the southwest of Madrid. The asset is currently leased under a five-year contract starting in September 2024, generating a monthly rent of €1,500 plus VAT and offering an advertised yield of 5.5%.<br> <br> The property holds a hospitality license and is operational, providing the buyer with an immediate income stream upon acquisition. Its approximately 10-meter facade enhances commercial visibility to the public and facilitates business identification.</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 | > 50,000 SF | Floors | 7 |
| Property Type | Multifamily (Condo) | Year Built | 2000 - 2009 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 2000 - 2009 |
| Parking | Yes |
Amenities
Site Amenities
- Controlled Access
- Picnic Area
- Playground
- Pool
- Security System
- Close to Public Transportation
- Doorman
- Wheelchair Accessible
- Public Transportation
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Avenida de la Peseta
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