Commercial property in Madrid, Spain, 453 m²

Corner commercial space with an area of 104 m2 is for sale, located on the ground floor of a residential building in one of the most respectable and lively areas of Madrid. The location is characterized by high pedestrian traffic, well-developed infrastructure and excellent transport accessibility.

Environment:
In the area there are bank branches, pharmacies, various cafes and restaurants, chain supermarkets (Mercadona, Alcampo), as well as the Mercado de Chamartín district market. Within a few minutes on foot there are hotels of the international NH Hotels chain, private clinics, educational institutions, including schools and universities. There is a metro station and bus stops just 300 meters away.

The room is rented out for a clothing store.

Rental conditions:

• Agreement signed: December 2022

• Rental period: 5 years

• Rent: 8,287.47 € / month

• Yield: 4.7%

The facade is more than 15 meters long and provides excellent visibility and attractiveness to customers. It is an investment asset with a proven tenant, stable profitability and a location that guarantees long-term liquidity.