Shop 980 m² in Spain, Spain

Spain
$1,61M
$1,642/m²
;
Last update: 17/03/2026

Location

  • Country
    Spain

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $1,642/m²
  • Total area
    Total area
    980 m²

Description

On sale commercial premises with a tenant in a respectable area of Madrid.

Environment:

  • dense residential area;
  • densely populated area with developed infrastructure (bank branches, pharmacies, various establishments, chain supermarkets such as Mercadona and Lidl);
  • several hotels, including the hotel of the large international chain Melia;
  • educational institutions, including a school and a conservatory;
  • public transport stops, including a metro station 100 meters away.

The facility is leased for a supermarket of a large national network. The lease agreement was signed until 2037, and the term of mandatory execution until May 2025. The cost of rent is 8.000 EUR / month, however, from June 2025 the price will increase to 10.500 EUR / month. Thus, the guaranteed increase in profitability from 6.86% to a record 9%. This level of return is extremely rare for Madrid, which makes the offer unique.

The room with a total area of 980m2 is located on the first floor of a low-rise residential building and is equipped with a noticeable facade, which is perfectly visible from the roadway and pedestrian parts of the street.


Tetuan is a diverse and dynamic area located in the northwest of Madrid. The area is known for its residential and business diversity. Here you can find both modern office buildings and more traditional residential areas. Tetouane is home to financial and business centers, including the skyscrapers on the Paseo de la Castellana, which symbolize Madrid's economic strength. One of the main attractions of the district is the Santiago Bernabeu Stadium, located in its southern part, which makes Tetouane an important center of sports and entertainment life.

In addition, the area offers many opportunities for recreation. There are parks in Tetuane where residents and guests can enjoy nature and outdoor activities. There are also many cafes, restaurants and shopping malls in the area, making it attractive for people looking for an active urban lifestyle.

Tetouan attracts residents of different ages and occupations due to the availability of housing, good transport infrastructure and proximity to the main business districts of the city.


Dia is a Spanish multinational supermarket chain founded in 1979, which as of 2020 operates 6,169 stores in Spain, Portugal, Brazil and Argentina. The company creates jobs for more than 40,000 people worldwide. The turnover of the company in 2022 amounted to almost 7.000.000.000 euros. Dia operates primarily on a franchise system.

Location on the map

Spain
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