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Avenida de Monforte de Lemos 753 SF of Retail Space Available in Fuencarral - El Pardo, Madrid 28029
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Highlights
- Prime location next to La Vaguada Shopping Center.
- Excellent access by public transportation and private vehicle.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
| Space | Size | Term | Rental Rate | |||
| Ground | 753 SF | Negotiable | $51.99 /SF/YR EXCL $4.33 /SF/MO EXCL $39,171 /YR EXCL $3,264 /MO EXCL |
Ground
Located on one of the most established commercial corridors in the north of Madrid, this retail space for lease offers an excellent opportunity for operators seeking visibility, foot traffic, and immediate move-in. Situated on Avenida Monforte de Lemos, just a few meters from the La Vaguada Shopping Center, the property benefits from a fully developed urban environment with a balanced mix of neighborhood retail, services, restaurants, and consolidated residential use. The space is laid out over two street-level floors, allowing for a clear separation of uses, whether customer service, operational area, or ancillary spaces. Its wide five-meter storefront ensures direct and continuous exposure to both pedestrian flow and vehicle traffic, strengthening brand presence and commercial draw. Previously occupied as a hair salon, the premises are ready to accommodate multiple types of businesses, from specialized retail to professional services or customer-oriented activities. It is equipped with air conditioning and security systems, contributing to a functional and comfortable environment from day one. The provision of three restrooms, including one adapted for people with reduced mobility, adds distinctive value in terms of accessibility and regulatory compliance. Connectivity is one of the property’s key strengths. The area has nearby metro stations, multiple EMT bus lines, and quick access to the main ring roads, facilitating both customer access and the day-to-day operations of the business. All of this makes this space a strategic option for those looking to establish themselves in a visible, well-connected location with proven commercial demand.
- Taxes and Charges not included in the Rent
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- Secure Storage
- Recessed Lighting
- Display Window
- Large storefront with high visibility.
- Layout on two levels.
- Space with operational flexibility.
- Main high-traffic street.
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 | 753 SF | Gross Leasable Area | < 15,000 SF |
| Property Type | Retail | Year Built | 1960 - 1969 |
| Property Subtype | Storefront |
| Total Space Available | 753 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | < 15,000 SF |
| Year Built | 1960 - 1969 |
About the Property
Commercial building located in the El Pilar neighborhood, within the Fuencarral-El Pardo district, in a well-established urban area in the north of Madrid. The surroundings are characterized by intense commercial and service activity, with supermarkets, bank branches, restaurants, local retail stores, and large-format retailers. A short distance away there are schools, daycare centers, and major healthcare facilities, such as hospitals and specialty clinics, which enhances the area’s appeal for commercial and professional uses. The area is well served by public transportation, with several city bus lines connecting to the city center and other districts, as well as nearby metro stations that make access easy for both customers and employees. In addition, the building enjoys excellent road accessibility thanks to its proximity to main thoroughfares and ring roads, allowing quick connections to the rest of the city and nearby business areas. This combination of services, visibility, and transportation links makes the property a strategic location for commercial activity.
- Bus Line
- Storage Space
- Private Bathroom
Nearby Major Retailers
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Agisa
Presented by
Avenida de Monforte de Lemos
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