€ 1,050,000
Commercial for sale in Madrid city, Madrid
Description
This asset consists of two independent commercial premises, both currently leased to solvent tenants, offering stable rental income and long-term contracts.
Located in a well-established neighborhood with high pedestrian flow, the area features a wide range of services and amenities. Just a short walk from the Alcala Norte shopping and leisure center, the property also enjoys proximity to a medical center, schools, a large sports facility, and several hotels, including the international Ibis Hotels chain. Public transport is excellent, with a metro station just 100 meters from the premises.
Unit 1 spans 470 m² across two floors and is currently leased to a home textiles retailer.
– Lease signed in November 2021
– Duration: 14 years
– Security deposit: €7,000
– Monthly rent: €4,500
– Rent increase of 5% in 2026 and again in 2032
Unit 2 has a surface of 101 m², also distributed over two floors, and is rented to a consultancy firm.
– Lease signed in April 2023
– Duration: 10 years
– Security deposit: €6,000
– Monthly rent: €1,500
– Annual rent increase indexed to the CPI
The current rental yield stands at 6.9%, with a projected minimum increase to 7.4% over the coming years. A solid and scalable investment in one of Madrid’s most active residential-commercial districts.
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.
This property is available for rent-to-buy.
Photos correspond to reality.
The property is not reserved or rented.
Energy efficiency and cadastral number are not provided.
Utilities and community fees are not specified.
The IBI tax information is not provided.
Parking is included in the price.
This is a commercial property with an operator status not specified.
Features
- Commercial
- Energy Efficiency Rating: In Progress