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Commercial property 82 m² in Madrid, Spain

Spain, Madrid
$970,240
$11,832/m²
;
Commercial property 82 m² in Madrid, Spain
1
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Address Address
Params Params
Description Description
Media Media
ID: 3459760
Property ID on Realting
In CRM: 178589
ID of the ad on the website or in the company’s CRM
Last update: 17/06/2025

Location

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  • Country
    Spain
  • State
    Community of Madrid
  • City
    Madrid
  • Address
    Calle de La Coruna
  • Metro
    Alvarado (~ 700 m)
  • Metro
    Cuatro Caminos (~ 1000 m)
  • Metro
    Cuzco (~ 900 m)
  • Metro
    Estrecho (~ 400 m)
  • Metro
    Santiago Bernabéu (~ 900 m)
  • Metro
    Tetuán (~ 700 m)

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $11,832/m²
  • Total area
    Total area
    82 m²

Description

Commercial premises in the city of Madrid a few meters from the roundabout in the heart of the Tetuan district. Located in an area with high pedestrian traffic.

The total area is 81.70 m2: 54.80 m2 at street level and 26.90 m2 in the basement.

The tenant is a clothing and underwear store. This is the second store in the area.

The new contract was signed on 01.09.2023 until 31.08.2033. The old contract was from 2016 to 2023.

Compulsory execution period of 3 years.

A quota of 3,600 euros per year and a property tax of 1,030 euros per year is paid by the owner.

The amount of rent in the first year will be 3 200 euros per month, from the second year will be 3350 euros per month, from the third year 3 500 euros per month.

Profitability 5%.

Location on the map

Spain, Madrid
Infrastructure nearby
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Commercial property 82 m² in Madrid, Spain
Spain, Madrid
$970,240
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