Shop 864 m² in Spain, Spain

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

Surroundings:

• the city's key train station - Atocha;
• a busy area with high traffic and access to the city's main transport hubs;
• developed infrastructure and many retail outlets within walking distance.

The property is leased as a supermarket of a popular international chain. The lease agreement was signed in April 2019 for a period of 25 years with mandatory execution until 2026. The rental price is €10,595 / month, due to which the yield reaches 5.78%. The agreement provides for an annual increase in rent in accordance with the consumer price index (IPC), which allows for stable profit growth.

The total area of ​​the premises is 864 m², distributed over two floors (314 m² and 550 m², respectively). The premises are equipped with two entrances from different sides of the building and large display windows, which significantly improves the visibility of the retail outlet.

This property is a profitable investment proposition with a reliable tenant and the prospect of long-term income growth.