Supermarket in Madrid.
Description
Commercial space on the ground floor with a total area of 1,402 m².
The annual income is € 211,000.
The yield is 5.5%.
The property is fully let. The tenant is a large supermarket chain with 6,000 grocery stores.
The lease agreement is valid until 2029.
The brokerage fee is 4%.
The tenant is responsible for maintaining the property.
The owner pays an annual property tax of 15,000 €.
The property is situated in Madrid, in the district of Comillas, which is located just 3 km from the city center.
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.
