Retail store in Spain 404 sq.m. No. 151889

Lease conditions: 
contract signed: June 2017;lease term: 20 years;lease price: 10.437€/month;
annual rental price increase according to IPC (Consumer Price Index);the IBI tax and comunidad costs are paid by the tenant;yield 4,04%.
The property is located in a historical residential building and features a striking facade, 8,5 metres long. The total area is 404m2 which is distributed as follows:
first floor: 375m2;
basement: 29m2.
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Chueca (Justicia) is not just a neighbourhood in the centre of Madrid, but a true symbol of freedom, cultural avant-garde and investment appeal. Located between Fuencarral, Ortales and Gran Via, Chueca has become one of the capital's most dynamic and sought-after neighbourhoods in recent decades. It is a harmonious blend of historic architecture, modern art spaces, boutiques, gastronomic establishments and a vibrant nightlife.

The neighbourhood is renowned for its cultural events, including the Visible festival, and is a destination for creatives and investors. Chueca is an ideal place to invest in property, start a business or live in the heart of Madrid, thanks to its extensive infrastructure, including metro stations and proximity to major transport links.

Carrefour, founded in 1959 in France, is one of the world's largest retailers, with more than 14,930 shops in over 40 countries. The company achieved global revenues of €94.132 billion in 2023, showing a 3.5 per cent year-on-year growth. It employs around 319,565 people worldwide.

In Spain, Carrefour has been present since 1973 and operates 1,789 shops across the country, including hypermarkets, supermarkets and convenience stores. In 2023, the company had revenues of more than 12 billion euros in Spain, making it the second largest player in the market after Mercadona. The company is actively adopting digital technologies and sustainable practices, such as abandoning paper catalogues in favour of digital platforms, with the aim of reducing paper use by 15,000 tonnes per year.