Commercial property Madrid, Spain 104 sq.m. No. 138653

Property description

For sale: commercial property leased to a clothing store, located in one of Madrid’s most established and prestigious residential areas. The surroundings feature banks, pharmacies, local shops, and major supermarkets such as Mercadona and Alcampo. Nearby are the Mercado de Chamartín market, several hotels (including NH Hotels), schools, a university, and three private clinics within 500 meters. Public transport connections are excellent, with a metro station just 300 meters away.
Lease signed: December 2022. Duration: 5 years. Rent: €8,287.47/month. Yield: 4.7%.
The property is a corner unit on the ground floor of a residential building, boasting a prominent façade over 15 meters long. Total area: 104 m².