Commercial property 571 m² in Spain, Spain

Spain
$1,23M
$2,160/m²
;
ID: 3543653
Property ID on Realting
Last update: 26/07/2025

Location

  • Country
    Spain

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $2,160/m²
  • Total area
    Total area
    571 m²

Description

On sale lots of 2 commercial premises with tenants in a residential area of Madrid.

Environment:

  • dense residential area;
  • developed infrastructure with a high concentration of commercial premises;
  • Large shopping and entertainment center Alcala Norte;
  • medical center and several educational institutions, including a school;
  • a large sports complex;
  • several hotels, including the large international chain Ibis Hotels;
  • public transport stops, including the metro just 100 metres away.

Room 1 with a total area of 470m2 occupies 2 floors and is leased for a bedding shop on the following terms:

  • Agreement signed: November 2021;
  • duration of the lease: 14 years;
  • Pledge: 7,000 euros;
  • rent: 4.500 EUR/month;
  • a 5% increase in rental costs in 2026 and 2032.

Room 2 with a total area of 101m2 also occupies 2 floors and is leased for the office of a consulting company on the following terms:

  • Agreement signed: April 2023;
  • duration of the lease: 10 years;
  • Pledge: 6,000 euros;
  • rent: 1.500 EUR / month;
  • annual increase in rental costs according to the IPC (Consumer Price Index).

Thus, the total current yield is 6.9% with a guarantee of growth of at least 7.4%.

Location on the map

Spain
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