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Calle Aviador Zorita, 25 2,895 SF of Retail Space Available in Tetuán, Madrid 28020
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SUBLEASE HIGHLIGHTS
- Subleasing of rented premises
- Immediate environment with multiple services around
- Corner façade with wide visibility
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
-
RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Sublease of a 269 m2 commercial space located on Aviador Zorita Street, at the corner with Palencia Street. The space is distributed over two floors and features a large façade with prominent corner display windows, providing excellent visibility. It was previously used as a bank branch. This is a sublease asset (S&LB), owned by a third party and currently leased. The current tenant would transfer the space under this arrangement. Authorization from the property owner is required to proceed with the sublease. Specific rental conditions: 1. Rent-free period: 2 months of rent. 2. Regular rent adjustment: Annual adjustment based on CPI. 3. Extraordinary rent review for market adjustment starting in the 5th year: Market review every 5 years. 4. Mandatory compliance period: 5 years. 5. Total term: Duration of the master lease minus 3 months. 6. Common expenses and property tax (IBI): Covered by the landlord. 7. Legal deposit: 2 months of rent. 8. Additional guarantee: A deposit equivalent to 2-4 months of rent must be provided, depending on the scoring process results.
- Taxes and Charges included in the Rent
- Natural Light
- Subleasing of rented premises
- Immediate environment with multiple services around
- Sublease space available from current tenant
- Mostly Open Floor Plan Layout
- Corner façade with wide visibility
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Ground | 2,895 SF | Negotiable | $22.88 /SF/YR INCL $1.91 /SF/MO INCL $66,235 /YR INCL $5,520 /MO INCL | Retail | - | Now |
Ground
| Size |
| 2,895 SF |
| Term |
| Negotiable |
|
Rental Rate
|
| $22.88 /SF/YR INCL $1.91 /SF/MO INCL $66,235 /YR INCL $5,520 /MO INCL |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| Now |
Ground
| Size | 2,895 SF |
| Term | Negotiable |
|
Rental Rate
|
$22.88 /SF/YR INCL |
| Space Use | Retail |
| Condition | - |
| Available | Now |
Sublease of a 269 m2 commercial space located on Aviador Zorita Street, at the corner with Palencia Street. The space is distributed over two floors and features a large façade with prominent corner display windows, providing excellent visibility. It was previously used as a bank branch. This is a sublease asset (S&LB), owned by a third party and currently leased. The current tenant would transfer the space under this arrangement. Authorization from the property owner is required to proceed with the sublease. Specific rental conditions: 1. Rent-free period: 2 months of rent. 2. Regular rent adjustment: Annual adjustment based on CPI. 3. Extraordinary rent review for market adjustment starting in the 5th year: Market review every 5 years. 4. Mandatory compliance period: 5 years. 5. Total term: Duration of the master lease minus 3 months. 6. Common expenses and property tax (IBI): Covered by the landlord. 7. Legal deposit: 2 months of rent. 8. Additional guarantee: A deposit equivalent to 2-4 months of rent must be provided, depending on the scoring process results.
- Taxes and Charges included in the Rent
- Sublease space available from current tenant
- Natural Light
- Mostly Open Floor Plan Layout
- Subleasing of rented premises
- Corner façade with wide visibility
- Immediate environment with multiple services around
PROPERTY FACTS
| Total Space Available | 2,895 SF | Building Size | 30,677 SF |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment |
| Total Space Available | 2,895 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 30,677 SF |
| Year Built | 1965 |
NEARBY MAJOR RETAILERS
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Calle Aviador Zorita, 25
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