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

975 m2

Square

Parameters

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.

Thanks to the open plan format and panoramic windows, the space has excellent visual exposure and is suitable for a business with a high client flow. The property is located in the heart of a residential area with a steady demand for food retail, which guarantees stable revenue for any type of business.

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