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Calle Bravo Murillo

879 SF Retail Condo Unit Offered at $823,277 in 28020 Madrid

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Investment Highlights

Profitable sales
In a consolidated commercial area

Lots of natural light inside

Executive Summary

Residential building with eight floors (Lower + 7), located on Bravo Murillo street. It is well connected by public transport, thanks to a metro station and several urban bus lines.

Property Facts

Price	$823,277	Property Subtype	Apartment
Unit Size	879 SF	Sale Type	Investment or Owner User
No. Units	1	Floors	8
Total Building Size	10,000 - 60,000 SF	Year Built	1950 - 1959
Property Type	Multifamily (Condo)

Price	$823,277
Unit Size	879 SF
No. Units	1
Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment or Owner User
Floors	8
Year Built	1950 - 1959

1 Unit Available

Unit Size	879 SF	Condo Use	Retail
Price	$823,277	Sale Type	Investment or Owner User
Price Per SF	$936.61

Unit Size	879 SF
Price	$823,277
Price Per SF	$936.61
Condo Use	Retail
Sale Type	Investment or Owner User

Description

Local with a return of 5.31% per year located on Bravo Murillo Street, the second busiest commercial street in all of Spain, which currently has an average pedestrian traffic of 12,320 people per day.
The place is rented to a very solid operator with several locations in the best Prime areas of Madrid.
Features:
- Total area of 81.7 m2 distributed over 54.80 m2 on the ground floor and 26.90 m2 in the basement.
- Very large façade of 7 linear meters.
- Height: 3 meters.
- Smoke outlet: No.
Conditions:
- Current contract duration: 7 years.
- New contract duration: 10 years.
- Mandatory compliance: 10 years.
- Guarantees: 2+2.
Key plan: Pereda Sanitation, Bicimanía, Lidl, Lefties, Madreamigo, KFC, Porneat, Druni Perfumeries, Basic Fit, Chicago Style Pizza, Pepco, Kiwoko, Mango, Bershka, Primor, Decathlon, Leroy and Merlin, C&A, BBVA, La Sirena, etc.