Shop 404 m² in Spain, Spain

Spain
$3,50M
$8,657/m²
;
ID: 3408717
Property ID on Realting
Last update: 02/05/2025

Location

  • Country
    Spain

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $8,657/m²
  • Total area
    Total area
    404 m²

Description

For sale a room with a reliable tenant in the historic center of Madrid.

The facility has a strategic location:

  • in the area with the highest commercial activity in the whole city;
  • Chueca Square;
  • San Anton City Market;
  • 500 meters from the main avenue of Gran Via;
  • countless hotels, including Hyatt, Petit Palace and Pestana CR7
  • public transport stops, including 2 metro stations within a radius of 300 meters.

The facility is leased for a supermarket of a large international chain.

Terms of lease:

  • contract signed: June 2017;
  • duration of the lease: 20 years;
  • Rental cost: 10.437 EUR / month;
  • annual increase in rental costs according to IPC (Consumer Price Index);
  • IBI tax and communidad expenses are paid by the tenant;
  • It's a 4.04% return.

The room is located in a historic residential building and is equipped with a bright facade, 8.5 meters long. The total area is 404m2, which is distributed as follows:

  • ground floor: 375m2;
  • Ground floor: 29m2.

Chueca (Justicia) is not just a district in the center of Madrid, but a real symbol of freedom, cultural avant-garde and investment attractiveness. Located between the streets of Fuencarral, Ortales and Gran Via, Chueca has over the past decades developed into one of the most dynamic and sought-after areas of the capital. It harmoniously combines historical architecture, modern art spaces, boutiques, gastronomic establishments and rich nightlife.

The area is famous for its cultural events, including the Visible Festival, and is a place of attraction for creative individuals and investors. With its well-developed infrastructure, including metro stations and proximity to major transport arteries, Chueca is an ideal place to invest in real estate, start a business or live in the heart of Madrid.


Founded in 1959 in France, Carrefour is one of the world’s largest retail chains, with more than 14,930 stores in more than 40 countries. In 2023, the company achieved global revenue of 94.132 billion euros, showing an increase of 3.5% compared to the previous year. It employs approximately 319,565 people worldwide.

Carrefour has been present in Spain since 1973 and operates 1,789 stores across the country, including hypermarkets, supermarkets and convenience stores. In 2023, the company’s revenue in Spain was more than 12 billion euros, making it the second largest player in the market after Mercadona. The company is aggressively adopting digital technologies and sustainable practices, such as ditching paper catalogues in favor of digital platforms, with the goal of reducing paper use by 15,000 tons per year.

Location on the map

Spain
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