Shopping mall, Madrid, Spain

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Shopping mall, Madrid, Spain

27,000,000 €
478 € /m²
£23,099,000
£409 /m²
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  • Total area
    56,400 m²
  • Yield
    5.8%
  • Rental rate (m²/month)
    8 €
Details
Property parameters
  • Leasable area: 16,400 m²
  • Number of parking lots: 1,150
Transaction costs
  • Broker: 3.0%

Description

The shopping mall with a total area of 56,400 m² (retail spaces — about 43,000 m²).

There is a parking and an underground garage.

Financial performance

The yield is 5.8%.

Tenants

The property is fully let. The tenants are well-known chain stores and restaurants.

Transaction costs

The brokerage fee is 3%.

Location and nearby infrastructure

The property is located in Madrid.

Madrid is the capital and most populous city of Spain. The city has almost 3.3 million inhabitants and a metropolitan area population of approximately 6.5 million. It is the second-largest city in the European Union.

Madrid is the 5th most important leading Centre of Commerce in Europe (after London, Paris, Frankfurt and Amsterdam) and ranks 11th in the world.

Madrid-Barajas International Airport is the largest in Spain; it serves about 45 million passengers annually.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Madrid (city).

All ads in the country: shopping centers for sale in Spain.

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