Shop 1 196 m² in Spain, Spain

Spain

$5,44M

$4,550/m²

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ID: 3721296

Last update: 25/01/2026

Location

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Country

Spain

Property characteristics

Property parameters

Price per m²

$4,550/m²
Total area

1 196 m²

Description

On sale commercial premises with a reliable tenant in the city of Leon.

Environment:

in the heart of the city, inside the main commercial corridor;
in the main retail area, where large brands, restaurants with a continuous pedestrian flow are represented;
district with dense residential development, steady demand and active traffic of both local residents and tourists.

This is one of the most popular locations of Leon for the format of retail stores.

The room is rented out for a cosmetics store of a large international network.

Terms of contract:

beginning of the agreement: March 2025;
lease term: 20 years;
Mandatory execution: until March 2028;
actual cost of rent: 21.000 € / month;
rent from March 2026 to March 2027: 22.000 € / month;
rent from March 2027 to March 2028: 23.000 € / month;
March 2028: annual indexation of the rental price according to the consumer price index.

Thus, the contract guarantees an increase in profitability from 5.48% to at least 6%.

A two-storey space with a total area of 1.196 m2, which is distributed between a spacious shopping area at the first level (559m2) and the second level (637m2), is located in the core of the main commercial route of Leon. The property has a modern presentable finish: the tenant has completely renovated the premises, investing more than 1.5 million euros in renovation, which significantly increases its value and reduces future operating costs.