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Investment Highlights

  • Distributed over several floors
  • Excellent communication by public transport
  • High profitability

Executive Summary

Exclusive office building that has 3 floors above ground (ground + 2). Property located on Paseo de la Castellana, one of the most exclusive areas of Madrid, in the most important business and financial center of Madrid (CBD) and with very good connections by public transport and the main roads of the city.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 121,287 SF
  • Industrial
  • $14,593,427 ($120.32/SF)
  • -
Sale Type Investment
Description
Fully operational parking facility with a total area of 11,268 m².  
It is distributed as follows:  
- Basement level -1: 1,940 m².  
- Basement level -2: 2,528 m².  
- Basement level -3: 3,400 m².  
- Basement level -4: 3,400 m².  
Sale Notes
Fully operational parking facility with a total area of 11,268 m².  
It is distributed as follows:  
- Basement level -1: 1,940 m².  
- Basement level -2: 2,528 m².  
- Basement level -3: 3,400 m².  
- Basement level -4: 3,400 m².  

The property features a vehicle ramp connecting the different levels, three elevators, and two vehicle access points—one via Azca and the other via Castellana.  

It is well-connected by public transportation, with several urban bus lines and a nearby metro station.
Unit Unit Size Condo Use Price NOI
- 121,287 SF Industrial $14,593,427 ($120.32/SF) -

-

Unit Size
121,287 SF
Condo Use
Industrial
Price
$14,593,427 ($120.32/SF)
NOI
-

-

Unit Size 121,287 SF
Condo Use Industrial
Price $14,593,427 ($120.32/SF)
NOI -
Sale Type Investment
Description
Fully operational parking facility with a total area of 11,268 m&#178;.&nbsp;&nbsp;<br> It is distributed as follows:&nbsp;&nbsp;<br> - Basement level -1: 1,940 m&#178;.&nbsp;&nbsp;<br> - Basement level -2: 2,528 m&#178;.&nbsp;&nbsp;<br> - Basement level -3: 3,400 m&#178;.&nbsp;&nbsp;<br> - Basement level -4: 3,400 m&#178;.&nbsp;&nbsp;</li></ul>
Sale Notes
Fully operational parking facility with a total area of 11,268 m&#178;.&nbsp;&nbsp;<br> It is distributed as follows:&nbsp;&nbsp;<br> - Basement level -1: 1,940 m&#178;.&nbsp;&nbsp;<br> - Basement level -2: 2,528 m&#178;.&nbsp;&nbsp;<br> - Basement level -3: 3,400 m&#178;.&nbsp;&nbsp;<br> - Basement level -4: 3,400 m&#178;.&nbsp;&nbsp;<br> <br> The property features a vehicle ramp connecting the different levels, three elevators, and two vehicle access points—one via Azca and the other via Castellana.&nbsp;&nbsp;<br> <br> It is well-connected by public transportation, with several urban bus lines and a nearby metro station.</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 35,833 SF
Property Type Office (Condo)
Building Class B
Floors 3
Typical Floor Size 8,148 SF
Year Built 1978
Tenancy Single
Lot Size 0.86 AC

Amenities

  • Bus Line
  • Controlled Access
  • Metro/Subway
  • Security System
  • Close to Public Transportation
  • Wheelchair Accessible
  • Reception
  • Elevator
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff
  • Listing ID: 30336749

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: Paseo de la Castellana, 87, Tetuán, Madrid 28046

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