Calle de Menorca, 7 1,991 SF of Retail Space Available in Retiro, Madrid 28009

Sublease of a commercial space located on Menorca Street, Retiro area. The 185 m² space is on the ground floor and was previously used as a bank branch. This is a sublease (S&LB) arrangement, 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. Annual rent adjustment: Based on the Consumer Price Index (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 results of the scoring process. Located near Menéndez Pelayo Avenue and across from Retiro Park, in the heart of Madrid. Just a few meters from the Ibiza metro station. This is an area experiencing economic growth and significant commercial activity.