€ 1,400,000
Commercial for sale in Madrid city, Madrid
- 507 m2
Description
Property with a reliable tenant in a residential area near the central train station
Lease valid until 2031. Yield: 7%
A commercial property with a reliable tenant is for sale in Getafe, a municipality located just 13 km from central Madrid.
Surroundings:
Residential area
The city's largest park
Active commercial zone featuring international retailers such as Burger King, La Tagliatella, BP, Shell, and others
Private medical clinics
City theater
Central train station only 600 meters away
The property is leased to a major national supermarket chain. The tenant has occupied the premises for over 17 years. In 2021, the lease was renewed under the following conditions:
Lease term: 10 years
Monthly rent: €8,139
Yield: 7%
The unit is located on the ground floor of a low-rise residential building. Total area: 507 m²
Getafe is a strategic suburb of Madrid with both industrial and residential potential. Located just 13 km south of central Madrid, it offers exceptional transportation access: around 15 minutes by car and up to 30 minutes by public transit. As of early 2024, the city has a population of approximately 191,560 residents, with a density of about 2,329 inhabitants per km² over an area of 78 km².
Getafe serves not only as a commuter residential area but also as a major industrial and scientific hub within the Madrid metropolitan area.
The city is known for its aerospace cluster — the second-largest in Spain after Madrid — hosting companies like Airbus, Thales, Siemens, and the Getafe Aerospace Network (GAN), which has an annual turnover of over €66 million and employs around 1,000 professionals. The city is also home to Carlos III University of Madrid, attracting students and young professionals.
A strong real estate market supports consistent cash flow, with rental yields reaching up to 8.1% and annual rent price increases of up to 35%, making Getafe a highly attractive location for property investment.
Please note:
The agency commission is not included in the property price and is payable separately. This property is currently available; however, at the request of the owners, visual materials may not reflect its actual condition. Detailed information is provided strictly after formalizing a legal relationship.
Please contact us for further details regarding this investment opportunity.
Features
- Commercial
- Build Size: 507 m2
- Energy Efficiency Rating: In Progress