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Tres Cantos, Madrid 28760 2,120 SF Retail Condo Unit Offered at $255,016

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INVESTMENT HIGHLIGHTS

  • Net return of 7%.
  • 23 storage rooms 100% occupied and 2 parking spaces included

EXECUTIVE SUMMARY

Exclusive office building with a total area of 17,505 m2 and 4 floors. It has excellent communication by public transport, thanks to several urban bus lines and metro stations.

PROPERTY FACTS

Total Building Size > 50,000 SF
Property Type Office (Condo)
Property Subtype Loft/Creative Space
Building Class B
Floors 4
Year Built 2000 - 2009

AMENITIES

  • Close to Public Transportation
  • Elevator
  • Private Bathroom

1 UNIT AVAILABLE

Unit Size 2,120 SF
Price $255,016
Price Per SF $120.29
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 8.00%
NOI $20,401.27
Parking Spaces Yes
DESCRIPTION

197 m² space housing 23 storage units, with two parking spaces included on the property. It is distributed across a ground floor of 117 m² and a mezzanine of 80 m², with the potential to set up up to 15 additional storage units. Equipped with an alarm system, it offers excellent storage capacity.

SALE NOTES

Profitable sale of premises with storage rooms located in Tres Cantos.
Great opportunity for investors to enter a business with high profitability and guaranteed security. The space is currently 100% occupied and produces a net return of 7%. It houses 23 storage rooms and includes two parking spaces on the property. It is distributed on a street floor of 117 m2 and a mezzanine of 80 m2 with the possibility of expanding up to 15 additional storage rooms. It has an alarm system and has a large storage capacity.
Location in an office building with concierge, 24-hour security and own parking. Busy business area with quick access to the M-607.

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  • Listing ID: 33432679

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: Tres Cantos, Madrid 28760

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