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Avenida Monteclaro 9,472 - 18,169 SF Retail Condo Units Offered at $1,513,793 - $1,572,016 Per Unit in Pozuelo de Alarcón, Madrid 28223
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INVESTMENT HIGHLIGHTS
- Free surface parking
- Good road connections.
EXECUTIVE SUMMARY
The shopping center offers free surface parking with a capacity for 250 vehicles, allowing for a high flow of visitors and compliance with mandatory parking spaces for commercial activities.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Building Class | C |
| Property Type | Retail | Floors | 2 |
| Property Subtype | Department Store | Year Built/Renovated | 1980 - 1989/2010 - 2019 |
| Total Building Size | > 50,000 SF |
| Property Type | Retail |
| Property Subtype | Department Store |
| Building Class | C |
| Floors | 2 |
| Year Built/Renovated | 1980 - 1989/2010 - 2019 |
AMENITIES
- Security System
- Elevator
- Natural Light
- CCTV (Closed Circuit Television Monitoring)
2 UNITS AVAILABLE
| Unit Size | 9,472 SF | Condo Use | Retail |
| Price | $1,572,016 | Sale Type | Investment |
| Price Per SF | $165.96 |
| Unit Size | 9,472 SF |
| Price | $1,572,016 |
| Price Per SF | $165.96 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Available for sale in profitable commercial premises equipped as a sports center, swimming school and medical center.
It is completely renovated, equipped, with an activity license and fully operational for several years.
New pool and facilities, state-of-the-art equipment, with high quality modern finishes.
Rental agreement: February 2022. Term of 5 years + 5 years of extension. Mandatory compliance of 2 years.
Gross return: 7.82%.
Net return: 5%.
Bank guarantee for the entire term of the contract in the amount of 4 monthly rent payments.
Deposit of 2 monthly rent payments.
Tenant with proven solvency, responsibility and extensive professional experience.
SALE NOTES
Available for sale with profitability: commercial space equipped as a sports center, swimming school, and medical center.
Lease agreement: February 2022. Term of 5 years + 5-year renewal option. Mandatory compliance for 2 years.
Gross profitability: 7.82%.
Net profitability: 5%.
Bank guarantee for the entire contract term equivalent to 4 months' rent.
Security deposit: 2 months' rent.
Tenant with proven financial stability, responsibility, and extensive professional experience.
+18 More
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| Unit Size | 18,169 SF | Condo Use | Retail |
| Price | $1,513,793 | Sale Type | Investment |
| Price Per SF | $83.32 |
| Unit Size | 18,169 SF |
| Price | $1,513,793 |
| Price Per SF | $83.32 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
It has a surface area of 1,688 m2 distributed on a single floor with independent access from the street.
It complies with all building regulations regarding accessibility and safety.
The property underwent a complete renovation and equipment upgrade in 2019.
SALE NOTES
Available for sale with profitability: a commercial property currently operating with an activity license granted for use as a retail business. There is potential to expand or modify it for other commercial activities.
The property has been leased since 2019 with additional guarantees. The tenant is financially stable and operates multiple stores.
The shopping center offers free surface parking with a capacity for 250 vehicles, ensuring a high flow of visitors and compliance with mandatory parking spaces for commercial activities.
+1 More
Floor Plan
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Presented by
Avenida Monteclaro
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