Shop 1 199 m² in Spain, Spain

Spain
Archive cost $2,76M
Sold or out of date
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Posted at: 09/01/2025
Updated at: 03/04/2025

Location

Country: Spain

Property parameters

Total area: 1 199 m²

Description

Commercial premises with a tenant in a prestigious area of ​​Madrid are for sale.

Surroundings:

  • developed infrastructure of a respectable residential area;
  • national concert hall;
  • establishments for every taste and budget;
  • theater;
  • several hotels;
  • public transport stops, including the metro.

The property is leased to a large national supermarket chain. The lease agreement was signed in January 2014 with mandatory execution until January 2029. The rental price is 12,484 € / month, due to which the yield exceeds 5.89%.

The premises with a total area of ​​1,199 m2 are located on the first floor of a high-rise residential building and are equipped with a bright façade length, as well as glass display cases, over 12 meters long.

Location

Spain