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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
  • $14,516,485 ($119.69/SF)
  • -
Sale Type Investment
Description
Fully leased parking facility with a total area of 11,268 sq m.
It is laid out as follows:
- Basement level -1: 1,940 sq m.
- Basement level -2: 2,528 sq m.
- Basement level -3: 3,400 sq m.
- Basement level -4: 3,400 sq m.
Sale Notes
Complete cost-effective parking with a total area of 11,268 m2.
It is distributed as follows:
- Basement floor -1 of 1,940 m2.
- Basement floor -2 of 2,528 m2.
- Basement floor -3 of 3,400 m2.
- Basement floor -4 of 3,400 m2.
It has a connecting ramp for vehicles between mezzanines, three elevators, two access for vehicles, one through Azca and the other through Castellana.
There is good communication by public transport, thanks to several urban bus lines and a metro station in the immediate vicinity.
Unit Unit Size Condo Use Price NOI
- 121,287 SF Industrial $14,516,485 ($119.69/SF) -

-

Unit Size
121,287 SF
Condo Use
Industrial
Price
$14,516,485 ($119.69/SF)
NOI
-

-

Unit Size 121,287 SF
Condo Use Industrial
Price $14,516,485 ($119.69/SF)
NOI -
Sale Type Investment
Description
Fully leased parking facility with a total area of 11,268 sq m.<br> It is laid out as follows:<br> - Basement level -1: 1,940 sq m.<br> - Basement level -2: 2,528 sq m.<br> - Basement level -3: 3,400 sq m.<br> - Basement level -4: 3,400 sq m.</li></ul>
Sale Notes
Complete cost-effective parking with a total area of 11,268 m2.<br> It is distributed as follows:<br> - Basement floor -1 of 1,940 m2.<br> - Basement floor -2 of 2,528 m2.<br> - Basement floor -3 of 3,400 m2.<br> - Basement floor -4 of 3,400 m2.<br> It has a connecting ramp for vehicles between mezzanines, three elevators, two access for vehicles, one through Azca and the other through Castellana.<br> There is good communication by public transport, thanks to several urban bus lines and a metro station in the immediate vicinity.</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

  • Close to Public Transportation
  • Elevator
  • Listing ID: 30336749

  • Date on Market: 12/11/2023

  • Last Updated:

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

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