Shop 340 m² in Spain, Spain

Spain
Archive cost $1,33M
Sold or out of date
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Updated at: 21/06/2025

Location

Country: Spain

Property parameters

Total area: 340 m²

Description

For sale premises with a reliable tenant in Madrid.

Environment:

  • lively area with developed infrastructure: chain supermarkets (for example, Mercado), San Leopoldo market, pharmacies, bank branches;
  • several hotels and tourist apartments within walking distance;
  • various offices, including an official Hyunday dealer;
  • Just 500 meters away, one of the key attractions of the city - 2 Castilla Square;
  • The second major station of the capital Chamartin in 900 meters.

Terms of lease:

  • Reliable tenant - a large national supermarket chain;
  • The lease agreement was signed in February 2025 for a period of 20 years;
  • Compulsory execution of the contract: 5 years;
  • Rental cost: 5.700 euros / month, thanks to which the yield reaches 5.95 %.

The tenant has occupied the premises since 1988 and re-signed the contract on new terms.

The room with a total area of 340 m2 is located in an independent building built in 1996 and is equipped with a bright facade line, which is perfectly visible from the pedestrian and roadway parts of the street.

Location

Spain