€ 3,700,000
Commercial for sale in Madrid city, Madrid
- 975 m2
Description
Corner commercial premises of 975 m² for sale, located in one of Madrid’s most dynamic and densely populated districts. Situated on the ground floor of a modern residential building, the property features an impressive 50-meter façade, offering high visibility and excellent foot traffic. The area benefits from well-developed infrastructure and convenient transport connections, close to Avenida de Carabanchel Alto, Carabanchel Alto metro station and several bus lines. Nearby are parks, schools, pharmacies, sports facilities and shopping streets. The property is leased to a solid national retail tenant.
Lease details:
– Contract signed in March 2006 for 25 years.
– Monthly rent: €16,173.64.
– Yield: 5.25%.
With its open-plan layout and panoramic windows, the premises offer great exposure and versatility. A secure, income-generating investment in a high-demand residential area of Madrid.
Features
- Commercial
- Build Size: 975 m2
- Energy Efficiency Rating: In Progress