Shop 126 m² in Madrid, Spain

On sale commercial premises with a tenant in the prestigious central district of Madrid.

Environment:

• living area;
• developed infrastructure with a high concentration of commercial premises, including large international companies (Vodafone, Ikea, Zara, Oysho, Carrefour and others), as well as several network sports halls and the Mercado de Vallehermoso city market;
• in the immediate vicinity of the El Corte Ingles shopping center and the University;
• public transport stops, including the metro 20 meters from the premises.

The object is leased for a premium cosmetics store.

Terms of lease:

• Agreement signed: February 2025;
• duration of the lease: 10 years;
• period of mandatory execution: 3 years;
• rent: 8.000 EUR / month;
• Expenses on IBI tax and on communidad are paid by the tenant;
• net yield: 4%.

The commercial space with a total area of 126 m2 includes a pronounced shopping area on the first level (65 m2) with a ceiling height of over 3.5 meters and a wide linear facade of more than 6 meters, providing excellent visibility. The lower level is represented by a semi-basement space of 61 m2, used as a warehouse and back office, with natural ventilation through windows into the courtyard.