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Paseo Extremadura, 47 5,554 SF Retail Condo Unit Offered at $1,928,635 in Latina, Madrid 28011
Some information has been automatically translated.
Investment Highlights
- Excellent place with a 6% return
- Continuous high traffic of pedestrians
- Excellent communications by public transport
- Direct sale for the property
- Establishment with insured clientele
- Consolidated zone
- Monthly rent 7,000 #. Minimum expenses (community and IBI)
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 4.70% |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.70% |
Sale Notes
Profitable local for sale located in Puerta del Angel.
The place has 2 floors. At street level, it has 415 m2 and in the basement it has 71.61 m2. It is located on Paseo de Extremadura 47.
Currently rented to Eroski, it is being sold for profit.
Rent established up to the year 2,037. The tenant is happy with the business he develops, there is no problem transferring references to the potential buyer. The premises are completely renovated, with a free height on the street level of almost 3 meters and has relevant authorizations for the development of commercial activities, as well as community ones for smoke exhaust, and AA.CC services on the roof of the building.
The sale also includes currently unused space of approximately 30 m2, at the first floor level with ventilation and lighting (windows to the interior patio).
Net return on expenses of 6%.
Monthly rent €7,000. Minimum expenses (community and IBI)
Net return on expenses of 6%
A good place, well located, with a good tenant and good profitability.
Direct sale for the property.
The place has 2 floors. At street level, it has 415 m2 and in the basement it has 71.61 m2. It is located on Paseo de Extremadura 47.
Currently rented to Eroski, it is being sold for profit.
Rent established up to the year 2,037. The tenant is happy with the business he develops, there is no problem transferring references to the potential buyer. The premises are completely renovated, with a free height on the street level of almost 3 meters and has relevant authorizations for the development of commercial activities, as well as community ones for smoke exhaust, and AA.CC services on the roof of the building.
The sale also includes currently unused space of approximately 30 m2, at the first floor level with ventilation and lighting (windows to the interior patio).
Net return on expenses of 6%.
Monthly rent €7,000. Minimum expenses (community and IBI)
Net return on expenses of 6%
A good place, well located, with a good tenant and good profitability.
Direct sale for the property.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta 01 | 5,554 SF | Retail | $1,928,635 ($347.25/SF) | $90,644.66 |
Unit Puerta 01
| Unit Size |
| 5,554 SF |
| Condo Use |
| Retail |
| Price |
| $1,928,635 ($347.25/SF) |
| NOI |
| $90,644.66 |
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Unit Puerta 01
| Unit Size | 5,554 SF |
| Condo Use | Retail |
| Price | $1,928,635 ($347.25/SF) |
| NOI | $90,644.66 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.70% |
| Sale Notes | |
| Profitable local for sale located in Puerta del Angel. <br> The place has 2 floors. At street level, it has 415 m2 and in the basement it has 71.61 m2. It is located on Paseo de Extremadura 47. <br> Currently rented to Eroski, it is being sold for profit. <br> Rent established up to the year 2,037. The tenant is happy with the business he develops, there is no problem transferring references to the potential buyer. The premises are completely renovated, with a free height on the street level of almost 3 meters and has relevant authorizations for the development of commercial activities, as well as community ones for smoke exhaust, and AA.CC services on the roof of the building.<br> <br> The sale also includes currently unused space of approximately 30 m2, at the first floor level with ventilation and lighting (windows to the interior patio). <br> Net return on expenses of 6%. <br> <br> Monthly rent €7,000. Minimum expenses (community and IBI) <br> Net return on expenses of 6% <br> A good place, well located, with a good tenant and good profitability. <br> Direct sale for the property.</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 | 17,825 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,563 SF |
| Property Subtype | Apartment | Year Built | 1930 |
| Building Class | C | Lot Size | 0.11 AC |
| Total Building Size | 17,825 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 3,563 SF |
| Year Built | 1930 |
| Lot Size | 0.11 AC |
Amenities
- Bus Line
- Natural Light
Site Amenities
- Close to Public Transportation
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Matterport 3D Exterior
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Paseo Extremadura, 47
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