Shop 864 m² in Spain, Spain
Location
Property characteristics
Property parameters
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Price per m²€2,546/m² -
Total area864 m²
Description
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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.
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