Retail store for sale in Spain from DECART PROPERTY INVESTMENTS: 437 sq.m. No. 154865

Retail store in Spain 437 sq.m. No. 154865

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ID154865 € 798 000

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154865

Property description

A commercial space for sale with tenant in Madrid.

Community:
dense residential area;developed infrastructure for living;few 4 parks, including one of the largest parks in the capital - Pradolongofew educational institutions, including a school;large hospital - Hospital Universitario 12 de Octubre.
The property is leased for a supermarket to a well-known national chain. The lease was signed in November 2023 with a binding performance until 2028. Total lease duration: 20 years. The rental value is 3.680€/month, resulting in a yield in excess of 5.53%. The contract includes a clause for the annual increase of the rental price, according to the IPC (consumer price index).

The property has a total area of 575m2 and is located on the ground floor of a residential building. The tenant is currently completing a major refurbishment of the premises, which it is carrying out entirely at its own expense.

The tenant is currently in the process of completing a major refurbishment of the premises.

Usera is a vibrant and multicultural neighbourhood in the south of Madrid. The neighbourhood has become known for its large Chinese community, which has contributed significantly to the unique look of the area. There are many authentic Asian restaurants, shops and supermarkets, making it one of the most interesting neighbourhoods for international food lovers.

Despite its cosmopolitan character, Usera retains the traditional spirit of Madrid. The neighbourhood is home to various parks and squares, such as Parque de Pradolongo, which is a popular place for family walks and sports activities. Cultural events are regularly held in this park, making it an important centre of social life in the area.

The area is known for its traditional festivals and celebrations, such as the Chinese New Year Festival, which attracts a large number of residents and tourists each year.

The neighbourhood is also known for its traditional holidays and festivals, such as the Chinese New Year Festival, which attracts a large number of residents and tourists.

Dia is a Spanish multinational supermarket chain founded in 1979, which as of 2020 operates 6169 shops in Spain, Portugal, Brazil and Argentina. The company creates jobs for more than 40,000 people worldwide. The company had a turnover of almost 7,000,000,000,000€ in 2022. Dia mainly operates through a franchise system.

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