Price
€1,202,000
Area
720 m²
Net yield
5,25%
Description
A 720 m² ground-floor retail unit in central Parla, with frontage on three sides. It is let to one of Spain's leading national supermarket chains, which has completed a comprehensive refurbishment of the unit with an investment of close to one million euros.
The lease was signed in June 2026 for a 20-year term, with a minimum term until September 2031. The rent is subject to annual CPI indexation.
A defensive retail investment: food retail, a central location in a municipality of more than 130,000 residents, and a tenant that has made a substantial investment in the unit.
Available documentation
A full dossier including location, lease and photographs is available after signing a non-disclosure agreement.
Specifications
Central Parla, Madrid
- Area
- 720 m² on the ground floor
- Frontage
- On three sides
- Tenant
- National supermarket chain
- Annual rent
- €66,000
- Property tax and service charges
- Paid by the landlord (€2,904/year in total)
- Indexation
- Annual CPI indexation
- Lease commencement
- June 2026
- Lease expiry
- June 2046
- Break option / minimum term
- Minimum term until September 2031
- Price
- €1,202,000 (€1,669/m²)
- Net yield
- 5.25%
Contact
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