Retail store in Spain 420 sq.m. No. 154886

Retail store in Spain 420 sq.m. No. 154886
ID154886 € 800 000
  • EUR €
  • USD $
  • RUB ₽
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Property description

For sale commercial space with tenant in Madrid.

Environment:
dense residential area;all the necessary infrastructure: chain supermarkets, establishments for every taste and purse, bank branches, pharmacies, gyms and cinemas;one of the largest parks in the city - Madrid Rio;none of the hotels in walking distance;public transport stops, including a metro station.
The property is leased to an art gallery.

Lease conditions:
Agreement signed: July 2020;Length of lease: 10 years;Rent: 3.
647,17€/month;
Yield: 5,47%.
The agreement includes a clause for an annual increase in the rental price, according to the IPC (consumer price index).

The property has a total area of 420m2 and occupies two floors of a high-rise residential building:
first floor: 240m2;second floor: 180m2.
The property has a unique 23 metre long façade and glass windows on both sides of the building, which are perfectly visible from the road and pedestrian street, making the property more visible.

Arganzuela is one of Madrid's neighbourhoods located south of the city centre, bordering central areas of the capital such as Lavapiés and Atocha. Due to its location and transport accessibility, Arganzuela is a popular place to live and relax.

Arganzuela is characterised by a diverse infrastructure. There are modern housing estates, historic buildings, numerous shops, cafes and restaurants. A special pride of the neighbourhood is the Madrid-Rio Park, a green area along the Manzanares River with bike paths, walking trails, play areas and recreational areas. Attractions include the Matadero Madrid Cultural Centre, a converted art space that hosts exhibitions, concerts and theatre productions.

Arganzuela combines the dynamism of city life with the comfort of quiet residential areas. Its convenient location, cultural facilities and infrastructure make it an attractive neighbourhood for locals and tourists alike.

Arganzuela combines the dynamism of urban life with the comfort of quiet residential areas.

Cuttoo is a cultural space that brings together art lovers and artists to create and share experiences together. Cuttoo showcases a variety of art forms including tattooing, illustration, muralism, design, dance, music, painting, fashion, film, theatre, sculpture, photography, literature and acting. This multidisciplinarity, makes the business one-of-a-kind.

The gallery actively supports artists by organising exhibitions and providing space to showcase their work. In 2025, Cuttoo announced an open call for artist submissions for upcoming exhibitions, offering a professional platform and promotion through its digital platforms.

The gallery has been actively supporting artists in organising exhibitions and providing space and promotion through its digital platforms.
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CitySpain
TypeRetail store
Living space420 m2
Price
  • Price
  • per m²
€ 800 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £