Shop 137 m² in Spain, Spain

Spain

$6,60M

$48,179/m²

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ID: 3721294

Last update: 25/01/2026

Location

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Country

Spain

Property characteristics

Property parameters

Price per m²

$48,179/m²
Total area

137 m²

Description

On sale corner room with a tenant in the center of Madrid.

The property has a strategic location close to all the important sights of the capital:

500 meters from the main square of the city - Plaza Mayor;
100 metres from the Royal Theatre, the city’s key theatre
300 metres from the Royal Palace and Royal Square
200 metres from Mercado de San Miguel, the city’s main market
500 meters from Puerta del Sol - the key square of the city and concurrently the largest transport hub of the Spanish capital;
in the area with the highest concentration of establishments, as well as hotels and guest houses.

This location guarantees continuous pedestrian traffic around the premises and successful trading for any type of business.

The premises are rented out for a shop of typical goods in Spain.

Terms of lease:

contract concluded: December 2021;
duration of the lease: 15 years;
Rental cost: 17.408 EUR / month;
Triple Net (NNN) contract - all basic expenses (taxes, maintenance, maintenance) are borne by the tenant;
annual indexation of leases according to IPC (consumer price index);
an additional 5% increase in rental costs from December 2032.

Thus, despite the fact that the starting yield is 3.74%, the lease agreement guarantees an increase in profitability.

The commercial space of 137 m2 includes a spacious shopping hall at street level (99 m2) with a wide linear showcase on the main pedestrian artery. An additional 38 m2 is located on a functional mezzanine suitable for a warehouse, office or additional shopping area. The property is in excellent condition, has high commercial visibility and is fully adapted to the intensive pedestrian traffic Calle Arenal.