Shop 502 m² in Spain, Spain

Spain
Archive cost $1,04M
Sold or out of date
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Posted at: 06/08/2025
Updated at: 04/09/2025

Location

Country: Spain

Property parameters

Total area: 502 m²

Description

For sale commercial premises with a reliable international tenant in a residential area of Madrid.

Environment:

  • dense residential area with developed infrastructure, within a radius of 300 meters: vegetable and butcher shops, cafes and restaurants, a private clinic and several large chain supermarkets (Alcampo and Dia);
  • 600 metres from Mercado Municipal de Ventas
  • several hotels within a radius of 1 kilometer, in particular the hotel of the international network NH Hotels;
  • Polideportivo Los Cedros Sports Centre
  • public transport stops, including 3 metro stations within a radius of 1 kilometer.

The premises are rented for a supermarket of an international network.

Terms of lease:

  • commencement of the lease agreement: September 2025;
  • duration of the lease: 25 years;
  • Mandatory execution: 1.5 years;
  • the cost of rent in the first year: 4.000 EUR / month;
  • The cost of rent in the second and third year: 4.250 EUR / month;
  • the cost of rent in the fourth year: 4.500 EUR / month;
  • The cost of rent from the fifth year: 4.750 EUR / month.

Thus, an increase in profitability from 5.3% to 6.3% is guaranteed.

The tenant undertakes to carry out major repairs, investing 340.000 euros. Work will start in September 2025 and be completed by December.

The room is located in a residential building and consists of two cadastral units. The total area is 502m2, which is distributed between 2 floors.

Location

Spain