Commercial property Madrid, Spain 533 sq.m. No. 138651

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Property description
Available for sale: a prime corner retail property located in one of Madrid’s most vibrant commercial areas — the heart of Chueca, just 500 meters from Gran Vía. The property is surrounded by luxury hotels such as Hyatt, Petit Palace, and Pestana CR7, as well as the famous San Antón Market. Two metro stations are within a 300-meter radius, ensuring excellent accessibility and continuous pedestrian traffic.
Currently leased to a renowned fashion boutique.
Lease details:
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Lease start: November 2025
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Duration: 15 years
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Mandatory compliance period: 5 years
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Rent: €12,200/month
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Annual rent increase indexed to CPI from year 4
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Initial yield: 5.86%
The corner premises occupy the ground floor and basement of a residential building, featuring an exceptional 38-meter-long façade with dual exposure.
Total built area: 533 m²
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Ground floor: 282 m²
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Basement: 172 m²
A secure investment in one of Madrid’s most sought-after retail zones.
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Living space: 527.27 m2
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Living space: 527 m2
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Bathrooms: 2Living space: 544 m2