Retail store in Spain 975 sq.m. No. 151935

Property description

Corner unit with tenant for sale in one of the most densely populated neighbourhoods of Madrid.

Community:
a residential area with a well-developed infrastructure;in close proximity to the lively Avenida de Carabanchel Alto;some green areas, including a large city park;schools, pharmacies, cafes, municipal sports complexes and shopping streets;Carabanchel Alto metro and bus lines providing excellent transport links to the city centre.
The property is located in a high density area, which guarantees a stable pedestrian traffic.

The premises are leased to a supermarket of a large national chain.

Lease conditions:
Agreement signed: March 2006;Lease term: 25 years;Rent value: 16,173,64€/month;Yield: 5,25%.
The property has an area of 975 m² and is located on the ground floor of a modern residential building. The property features a striking corner façade, over 50 metres long, which is perfectly visible from both sides of the building.