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Andratx, Islas Baleares 07157 6,458 SF of Retail Space Available
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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
| Space | Size | Term | Rental Rate | |||
| - | 6,458 SF | Negotiable | $4.28 /SF/YR INCL $0.36 /SF/MO INCL $27,655 /YR INCL $2,305 /MO INCL |
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- Taxes and Charges included in the Rent
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 6,458 SF | Gross Leasable Area | < 15,000 SF |
| Property Type | Retail | Year Built | 1950 - 1959 |
| Property Subtype | Restaurant |
| Total Space Available | 6,458 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | < 15,000 SF |
| Year Built | 1950 - 1959 |
About the Property
Commercial space for rent, approximately 600 m², located in Port d’Andratx, one of the most established and exclusive locations in the southwest of Mallorca, with a strong international presence and high commercial potential. The space offers extensive possibilities for developing a business project, although it requires investment for adaptation and operation. For this reason, the property is willing to structure a staggered rent, with a reduced initial phase, to facilitate investment and the start of activity. Target rent for the space once fully operational: €6,000/month. However, a reduced rent is considered during the first years, depending on the project presented and the investment to be made. Indicative structure (to be contractually specified): Year 1: from €2,000/month Year 2: progressive increase From year 2-3: adjustment to reference rent (€6,000/month) Final conditions (duration of phases, rent progression, and possible concessions) will be agreed individually. Conditions: 2 months legal deposit Brokerage fees The published price corresponds to the initial phase of the staggered rent. This opportunity is especially suitable for operators and companies seeking a stable medium to long-term establishment in Port d’Andratx and willing to invest in adapting the space.
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RE/MAX Royal
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"Andratx, Islas Baleares 07157"
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