Prix
5 890 000 €
Surface
1292 m²
Rendement net
5,26%
Description
A 1,292 m² corner ground-floor retail unit with more than 40 metres of frontage on two sides, in Valdebebas, one of north Madrid's leading residential developments. It is close to the neighbourhood's main avenue, in the area with the highest concentration of retail, and a five-minute walk from the transport interchange.
The unit is let to a premium fitness operator under a lease signed in October 2024 and expiring in October 2039. Property tax and service charges are paid by the tenant, and the rent is subject to CPI indexation. The stepped rent increases in 2027.
The unit was comprehensively refurbished less than a year ago and has two smoke extraction outlets, broadening its potential alternative uses, including food and beverage.
Available documentation
A full dossier including location, lease and photographs is available after signing a non-disclosure agreement.
Specifications
Valdebebas, Madrid
- Area
- 1,292 m² on the ground floor
- Frontage
- Over 40 m on two sides, corner unit
- Tenant
- Premium fitness operator
- 2026 rent
- €294,492/year
- 2027 rent
- €309,991/year
- Property tax and service charges
- Paid by the tenant
- Indexation
- Annual CPI indexation
- Lease commencement
- October 2024
- Lease expiry
- October 2039
- Other
- Recent comprehensive refurbishment, two smoke extraction outlets
- Price
- €5,890,000 (€4,559/m²)
- Net yield
- 5.26%
Contact
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