Commercial property Madrid, Spain 581 sq.m. No. 138650

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Property description
For sale: a commercial property located in a densely populated residential area of Madrid, surrounded by key amenities and active retail. The neighborhood includes banks, supermarkets, a medical center, pharmacies, sports facilities, a park, and major chains such as McDonald’s, Burger King, Lidl, Carrefour, and Mercadona. Metro and bus stops are nearby, as well as several hotels, including the international Ibis brand.
The property is leased to a well-known international restaurant chain.
Lease details:
• Lease signed: October 2024.
• Term: 10 years.
• Firm period: 5 years.
• Monthly rent: €20,000.
• IBI tax and community fees paid by the tenant.
• Yield: 4.5%.
The property occupies two levels of a historic residential building and features a prominent corner façade with excellent visibility. Total area: 581 m² distributed as follows:
• Main floor: 340 m².
• Basement: 241 m².
- Price
- per m²
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Living space: 582 m2
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Living space: 586 m2
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Living space: 586 m2
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Bathrooms: 1Living space: 592 m2