Calle del Duque de Alba, 7 3,046 SF of Retail Space Available in Centro, Madrid 28012

Sublease of a commercial space located in the heart of the Lavapiés neighborhood. The 283 m² space is distributed across two floors and was previously used as a bank branch. It features 3-meter-high ceilings and includes a basement level with storage and restrooms. This is a sublease asset under a Sale & Leaseback (S&LB) arrangement, owned by a third party and currently leased. The current tenant would transfer the space under this arrangement, subject to the property owner's authorization for subleasing. Specific rental conditions: 1. Rent payment grace period: 2 months of rent. 2. Ordinary rent adjustment: Annual adjustment based on CPI. 3. Extraordinary rent review for market update 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: Between 2-4 months of rent must be provided as a deposit, depending on the scoring process results.