€ 3,200,000
Commercial for sale in Madrid city, Madrid
- 540 m2
Description
Two-level commercial unit with a long-term tenant located in one of Madrid’s most prestigious central districts. Lease agreement valid until 2034. Guaranteed yield growth from 5.25% to 5.5%. This leased two-level commercial property is offered for sale in one of the most sought-after areas in central Madrid.
Prime Location:
Situated in one of the most expensive and prestigious neighborhoods of the Spanish capital
Just 400 meters from the iconic Serrano Street, home to high-end boutiques such as Cartier, Dior, Louis Vuitton, Tiffany, Gucci, and Michael Kors
In close proximity to major landmarks including the Bank of Spain, Plaza de Cibeles, Puerta de Alcalá
Directly across from the National Library of Spain
Near the National Archaeological Museum and Madrid Wax Museum
Surrounded by luxury hotels within a 500-meter radius
The property is located in an area with enormous investment potential, where residential property prices average €9,000–€10,000/m², with annual increases of over 18–19% — making it one of the most valuable and fast-growing real estate zones in Madrid.
The property is currently leased to a premium-class wellness center.
Lease Terms:
Lease signed: June 2024
Duration: 10 years
Non-break period: 4 years
Monthly rent: €14,000
From June 2026: €14,500/month
From June 2027: annual rent increases based on the official Consumer Price Index (IPC)
Community expenses are paid by the tenant
This structure ensures guaranteed yield growth from 5.25% to at least 5.5%.
The unit is located on the lower levels of a historic residential building and features two independent entrances from different streets.
Total built area: 540 m², distributed as follows:
Ground floor: 310 m²
Basement level: 230 m²
The tenant is a modern business operating in the fitness and wellness segment. The studio's concept combines high-intensity training programs ("Strength" and "Low Impact"), advanced recovery technologies (including saunas, ice baths, and infrared cabins), and a café-lounge area — making it an attractive hub for those who value physical performance and holistic recovery.
As such, the center represents a compact yet innovative urban wellness club, seamlessly integrating strength training, restorative practices, and a stylish environment for relaxation and wellbeing.
About Justicia District, Madrid
Justicia is a central neighborhood in Madrid, part of the Centro district, located just about 1 km from Plaza Mayor and Puerta del Sol. The population is approximately 18,000 residents.
Investment Appeal:
Unique mix of beautiful modernist and early 20th-century architecture with a refined urban ambiance reminiscent of Parisian boulevards
Includes the micro-neighborhoods of Chueca and Salesas, each with its own distinctive character and upscale appeal
Surrounded by top cultural institutions: the National Library, Palacio de Justicia, museums, renowned theatres (María Guerrero, Infanta Isabel), and contemporary art galleries
Premium-level infrastructure: luxury shopping, signature restaurants and cafés, Chueca’s vibrant bars, cultural markets (e.g. Mercado de San Antón)
Outstanding public transport: intersection of 5 metro lines (1, 2, 4, 5, 10) and Cercanías suburban train stations (Recoletos and Sol) offering quick access to other parts of the city and the airport
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.
Features
- Commercial
- Build Size: 540 m2
- Energy Efficiency Rating: In Progress