Retail store in Spain 1344 sq.m. No. 154869

A commercial space for sale with chain tenant in a respectable neighbourhood of Madrid. The tenant has invested over 400,000 euros in the renovation!

 Surroundings:
dense residential area;densely populated area with good infrastructure (bank branches, pharmacies, sports complex, chain supermarkets such as Mercadona and Lidl);few educational institutions, including a public school;Park Baron across the street from the premises;Metro station 500 metres away.
The property is leased for a supermarket to a large national chain. The contract was signed in March 2024 for a term of 20 years and binding until 2027. The rental value is 12.500€/month, resulting in a yield of 6.55%.

The property is located on the ground floor of a residential building and covers an area of 1344m2. The property is equipped with a bright façade, as well as glass windows exceeding 6 metres in length.

Tetuan is a diverse and vibrant neighbourhood located in the northwest of Madrid. The neighbourhood is known for its residential and business diversity. Both modern office buildings and more traditional residential neighbourhoods can be found here. Tetuan is home to financial and business centres, including the skyscrapers on the Paseo de la Castellana, which symbolise Madrid's economic power. One of the main attractions of the area is the Santiago Bernabeu Stadium sports complex located in its southern part, making Tetuan an important centre for sports and entertainment.

The area also offers many recreational opportunities. Tetouan is home to parks where residents and visitors can enjoy nature and outdoor activities. There are also many cafes, restaurants and shopping centres in the area, making it attractive to people looking for an active urban lifestyle.

Tetouan attracts residents of all ages and backgrounds due to its affordable housing, good transport infrastructure and proximity to the city's main business districts.

Tetouan is a great place to live.

Alcampo is a well-known supermarket chain offering a wide range of goods: from food to home appliances. The company is renowned for its high quality products and affordable prices. Alcampo endeavours to meet the needs of different customers by offering both premium and budget product options.

Alcampo is a well-known supermarket chain.