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Calle del Doctor Esquerdo, 97 5,974 SF of Retail Space Available in Retiro, Madrid 28007
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HIGHLIGHTS
- Busy and commercial area
- Ideal for all types of businesses
- Good communications
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
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RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| Ground | 5,974 SF | Negotiable | $22.92 /SF/YR INCL $1.91 /SF/MO INCL $136,936 /YR INCL $11,411 /MO INCL |
Ground
Magnificent commercial space located on Doctor Esquerdo Street. Situated in an area with excellent transportation links, very close to the Sainz de Baranda metro station and several bus stops. The property has a total area of 5,974 sq. ft., distributed over two floors. The ground floor offers 2,852 sq. ft. with a ceiling height of approximately 11.5 feet. The basement level provides 3,122 sq. ft. with a ceiling height of approximately 8.2 feet. It features a wide façade of about 85 linear feet, plenty of natural light, a kitchen area, storage space, a freezer room, two refrigeration chambers, a drop ceiling with built-in lighting, air conditioning (heating and cooling), and a restroom. This space is ideal for a restaurant, gym, clinic, academy, beauty center, and more. Financial terms: Security deposit: Two months. Additional guarantee: Four months.
- Taxes and Charges included in the Rent
- High Ceilings
- Recessed Lighting
- Natural Light
- Mostly Open Floor Plan Layout
- Busy and commercial area
- Good communications
- Ideal for all types of businesses
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 | 5,974 SF | Gross Leasable Area | 18,751 SF |
| Property Type | Retail | Year Built | 1961 |
| Total Space Available | 5,974 SF |
| Property Type | Retail |
| Gross Leasable Area | 18,751 SF |
| Year Built | 1961 |
ABOUT THE PROPERTY
3-storey mixed office building (Mezzanine + Ground Floor + 1). It is well connected by public transport thanks to a metro station and several urban bus lines.
NEARBY MAJOR RETAILERS
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Calle del Doctor Esquerdo, 97
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