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Calle Lope de Rueda, 53 194 - 624 SF of Retail Space Available in Retiro, Madrid 28009

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SUBLEASE HIGHLIGHTS

  • Iconic and busy market.
  • Wide range of dining options.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • 1st Floor
  • 431 SF
  • Negotiable
  • $32.52 /SF/YR INCL $2.71 /SF/MO INCL $14,000 /YR INCL $1,167 /MO INCL
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Transfer of an attractive commercial space within the Ibiza Market, one of the most established and high-traffic gastronomic hubs in the Retiro district. Located at the main entrance of the market, this establishment stands out for its excellent visibility, constant customer flow, and an environment where traditional offerings coexist with innovative culinary concepts. The first space, with an area of 40 m², is fully renovated and equipped, operating at 100% capacity. It features an exhaust system, a fully equipped professional kitchen, a bar with high tables, and seating for 28 guests. Additionally, it includes an adjacent 16 m² storage area with a professional cold room. Monthly revenue is approximately €10,000, with a highly competitive rent of just €1,000. This space is ideal for hot food preparation, creative tapas, or even as a central support kitchen. Directly across from it is the second space, measuring 18 m², which does not have an exhaust system but is perfect as a differentiated gastronomic bar (sushi, cocktails, tastings, etc.) that can complement the operations of the first. It generates between €7,000 and €10,000 in monthly revenue, with a rent of only €290, and is also in excellent condition, ready to continue operations. Both spaces can be purchased separately (€70,000 for the first, €30,000 for the second), though the most attractive option is to acquire them together (€90,000). Together, they offer a more versatile and profitable business concept in a prime location within the Ibiza Market. Both spaces are located at the main entrance, ensuring maximum visibility and constant customer traffic.

  • Taxes and Charges included in the Rent
  • Sublease space available from current tenant
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Secure Storage
  • Common Parts WC Facilities
  • Transfer of hospitality business premises for $70,000.
  • Possibility of transferring adjacent premises for €90,000.
  • 1st Floor
  • 194 SF
  • Negotiable
  • $20.96 /SF/YR INCL $1.75 /SF/MO INCL $4,060 /YR INCL $338.34 /MO INCL
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Transfer of an attractive establishment within the Ibiza Market, one of the most established and highly frequented gastronomic spaces in the Retiro district. Located at the main entrance of the market, this venue stands out for its excellent visibility, constant customer flow, and an environment where traditional offerings coexist with innovative culinary concepts. The 18 m² space is designed for exclusive bar concepts such as sushi, omakase, tastings, or signature cocktails, and has seating capacity for 8 people at the bar. It does not have an exhaust system, but this is not a limitation as it can operationally rely on the first establishment located directly across from it. The space is fully renovated and in perfect condition, with an estimated monthly revenue between €7,000 and €10,000, and a very competitive rent of €290. Across from it, the first establishment spans 40 m², equipped with an exhaust system, a fully equipped kitchen, and seating capacity for 28 people. It offers the opportunity to complement the operations of the second space, functioning as a central kitchen or support area. Both establishments can be purchased separately—€70,000 for the first and €30,000 for the second—or together for €90,000, an option that maximizes the synergy between the two spaces and expands business opportunities in the Ibiza Market, a strategic and highly visible gastronomic hub.

  • Taxes and Charges included in the Rent
  • Sublease space available from current tenant
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Secure Storage
  • Common Parts WC Facilities
  • Transfer of hospitality business premises for $30,000.
  • Possibility of transferring adjacent premises for €90,000.
Space Size Term Rental Rate
1st Floor 431 SF Negotiable $32.52 /SF/YR INCL $2.71 /SF/MO INCL $14,000 /YR INCL $1,167 /MO INCL
1st Floor 194 SF Negotiable $20.96 /SF/YR INCL $1.75 /SF/MO INCL $4,060 /YR INCL $338.34 /MO INCL

1st Floor

Size
431 SF
Term
Negotiable
Rental Rate
$32.52 /SF/YR INCL $2.71 /SF/MO INCL $14,000 /YR INCL $1,167 /MO INCL
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Transfer of an attractive commercial space within the Ibiza Market, one of the most established and high-traffic gastronomic hubs in the Retiro district. Located at the main entrance of the market, this establishment stands out for its excellent visibility, constant customer flow, and an environment where traditional offerings coexist with innovative culinary concepts. The first space, with an area of 40 m², is fully renovated and equipped, operating at 100% capacity. It features an exhaust system, a fully equipped professional kitchen, a bar with high tables, and seating for 28 guests. Additionally, it includes an adjacent 16 m² storage area with a professional cold room. Monthly revenue is approximately €10,000, with a highly competitive rent of just €1,000. This space is ideal for hot food preparation, creative tapas, or even as a central support kitchen. Directly across from it is the second space, measuring 18 m², which does not have an exhaust system but is perfect as a differentiated gastronomic bar (sushi, cocktails, tastings, etc.) that can complement the operations of the first. It generates between €7,000 and €10,000 in monthly revenue, with a rent of only €290, and is also in excellent condition, ready to continue operations. Both spaces can be purchased separately (€70,000 for the first, €30,000 for the second), though the most attractive option is to acquire them together (€90,000). Together, they offer a more versatile and profitable business concept in a prime location within the Ibiza Market. Both spaces are located at the main entrance, ensuring maximum visibility and constant customer traffic.

  • Taxes and Charges included in the Rent
  • Sublease space available from current tenant
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Secure Storage
  • Common Parts WC Facilities
  • Transfer of hospitality business premises for $70,000.
  • Possibility of transferring adjacent premises for €90,000.

1st Floor

Size
194 SF
Term
Negotiable
Rental Rate
$20.96 /SF/YR INCL $1.75 /SF/MO INCL $4,060 /YR INCL $338.34 /MO INCL
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Transfer of an attractive establishment within the Ibiza Market, one of the most established and highly frequented gastronomic spaces in the Retiro district. Located at the main entrance of the market, this venue stands out for its excellent visibility, constant customer flow, and an environment where traditional offerings coexist with innovative culinary concepts. The 18 m² space is designed for exclusive bar concepts such as sushi, omakase, tastings, or signature cocktails, and has seating capacity for 8 people at the bar. It does not have an exhaust system, but this is not a limitation as it can operationally rely on the first establishment located directly across from it. The space is fully renovated and in perfect condition, with an estimated monthly revenue between €7,000 and €10,000, and a very competitive rent of €290. Across from it, the first establishment spans 40 m², equipped with an exhaust system, a fully equipped kitchen, and seating capacity for 28 people. It offers the opportunity to complement the operations of the second space, functioning as a central kitchen or support area. Both establishments can be purchased separately—€70,000 for the first and €30,000 for the second—or together for €90,000, an option that maximizes the synergy between the two spaces and expands business opportunities in the Ibiza Market, a strategic and highly visible gastronomic hub.

  • Taxes and Charges included in the Rent
  • Sublease space available from current tenant
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Secure Storage
  • Common Parts WC Facilities
  • Transfer of hospitality business premises for $30,000.
  • Possibility of transferring adjacent premises for €90,000.

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 624 SF
Property Type Retail
Gross Leasable Area 46,156 SF
Total Land Area 0.41 AC
Year Built/Renovated 1950/2008

ABOUT THE PROPERTY

The Ibiza Market, located in the Retiro district, is one of the most active and well-known municipal markets in Madrid. Its location, near the park and surrounded by residential and commercial areas, makes it a key destination for locals and visitors seeking great gastronomy and a vibrant local atmosphere, with easy access and a steady flow of customers. It combines traditional stalls with innovative concepts, making it ideal for businesses focused on creative cuisine, takeout, tastings, or delivery. The variety of options and its consistent foot traffic make it an attractive space for entrepreneurs looking for visibility and business opportunities in an established environment.

  • Heating
  • Close to Public Transportation
  • Wheelchair Accessible
  • Elevator
  • Natural Light
  • Recessed Lighting
  • Private Bathroom
  • Air Conditioning

NEARBY MAJOR RETAILERS

Starbucks
Crossfit
Banco Sabadell
Caixabank
Unicaja
Ibercaja
Mercadona
Cajamar Caja Rural
Abanca
Five Guys
  • Listing ID: 37802318

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: Calle Lope de Rueda, 53, Retiro, Madrid 28009

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