Shop 420 m² in Spain, Spain

On sale commercial premises with a tenant in Madrid.

Environment:

• dense residential area;
• all the necessary infrastructure: chain supermarkets, establishments for every taste and purse, bank branches, pharmacies, gyms and cinemas;
• One of the largest parks in the city - Madrid Rio;
• several hotels within walking distance;
• public transport stops, including the metro station.

The object is leased for an art gallery.

Terms of lease:

• Agreement signed: July 2020;
• duration of the lease: 10 years;
• rent: 3.647.17 EUR / month;
• yield: 5.47%.

The contract provides for an item on the annual increase in the rental price, according to the IPC (Consumer Price Index).

The room with a total area of 420m2 occupies two floors of a high-rise residential building:

• ground floor: 240m2;
• Second floor: 180m2.

The facility is equipped with a unique facade 23 meters long, as well as glass windows, on both sides of the building, which are perfectly visible from the roadway and pedestrian parts of the street, making the room more noticeable.

Arganzuela is one district of Madrid, located to the south of the city center, bordering the central districts of the capital, such as Lavapiez and Atocha. Due to its location and transport accessibility, Arganzuela is a popular place to live and relax.

Arganzuela has a diverse infrastructure. There are modern residential complexes, historical buildings, numerous shops, cafes and restaurants. A special pride of the area is the Madrid Rio Park - a green area along the Manzanares River with bicycle paths, walking routes, play areas and recreation areas. Among the attractions is the Cultural Center “Matadero Madrid”, converted into an art space, where exhibitions, concerts and theater productions take place.

Arganzuela combines the dynamics of urban life with the comfort of tranquil living areas. Due to its convenient location, cultural facilities and developed infrastructure, the area is attractive for both locals and tourists.

Cuttoo is a cultural space that brings together art lovers and artists to collaborate and share experiences. Cuttoo features a variety of arts including tattooing, illustration, muralism, design, dance, music, painting, fashion, film, theater, sculpture, photography, literature and acting. This diversity makes business unique in its kind.

The gallery actively supports artists by organizing exhibitions and providing space to showcase their work. In 2025, Cuttoo announced an open call for applications from artists to participate in upcoming exhibitions, offering a professional platform and promotion through its digital platforms.