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Zona Sol 1,722 SF of Retail Space Available in Centro, Madrid 28013
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HIGHLIGHTS
- Excellent location
- To reform
- Good communications
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
-
RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| Ground, Ste Puerta 03 | 1,722 SF | Negotiable | $202.84 /SF/YR INCL $16.90 /SF/MO INCL $349,337 /YR INCL $29,111 /MO INCL |
Ground, Ste Puerta 03
Spectacular commercial space located in the heart of Madrid's tourist and central hub, situated on one of its busiest pedestrian streets thanks to the thousands of tourists who pass through the area daily. Just steps away from the Royal Palace, the Royal Theater, and surrounded by numerous shops, bars, restaurants, and more. Excellent public transportation connections, with nearby metro stations and urban bus stops. The property has a total built area of 160 m², of which 150 m² are usable. It is in need of renovation.
- Taxes and Charges included in the Rent
- Natural Light
- Mostly Open Floor Plan Layout
- Excellent location
- Good communications
- To reform
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 | 1,722 SF | Gross Leasable Area | 10,000 - 60,000 SF |
| Property Type | Retail | Year Built | 1880 - 1889 |
| Total Space Available | 1,722 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,000 - 60,000 SF |
| Year Built | 1880 - 1889 |
FEATURES AND AMENITIES
- Bus Line
NEARBY MAJOR RETAILERS
Presented by
Zona Sol
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