Calle de Alcalá 2,906 SF Retail Condo Unit Offered at $922,722 in San Blas - Canillejas, Madrid 28022

Commercial space of 270 m2.

Quality Keys Real Estate exclusively markets this PRIME commercial property located on Calle Alcalá, one of Madrid's most historic and important commercial arteries, known for its high economic activity, heavy foot traffic, and excellent business positioning. VISIBILITY, ACTIVITY, AND BUSINESS POTENTIAL IN ONE OF MADRID'S MOST ESTABLISHED CORRIDORS. A unique asset that is hard to replicate due to its location, size, and operational potential. Ideal for both end-users looking to position their business in a strategic location and investors seeking a solid, liquid asset ready to generate value from day one. Properties like this on Calle Alcalá rarely remain available for long. The property is not rented furnished.

Contract terms: Long-term lease of 10-15 years with a mandatory compliance period of 3 to 5 years. Initial rent of €4,500 + annual CPI adjustment. Security deposit of 2 months + 1 additional month as a guarantee. The tenant must provide a rental guarantee insurance policy, renewable annually, at their own cost. Community fees are covered by the property owner. Property tax (IBI: €1,071.82) and waste collection fee (€380.77) are the tenant's responsibility. Any improvements made to the property will remain in favor of the property at the end of the lease. The tenant is responsible for both building and contents insurance.

This is a strategic location where established local businesses, national operators, professional services, restaurants, clinics, offices, and a high residential density converge, creating a constant flow of potential customers and activity throughout the day. The property is situated in an area with a strong commercial and business network, surrounded by neighborhood shops with high turnover and historical consolidation, as well as a high volume of vehicular and pedestrian traffic. The area boasts excellent transportation links, including an intercity bus hub, metro, buses, and taxi stands. The commercial occupancy rate in the area is high, with constant demand from operators seeking to establish themselves in Madrid's well-established urban areas.

The commercial space has direct street access and features approximately 6 linear meters of frontage and 4 meters of height. It includes a large display window that spans the entire front of the façade, providing excellent commercial visibility. The layout is easily adaptable, with interior windows (South/East-facing) that allow for ample natural light and ventilation. The property is in excellent condition, fully operational, and functional, with very good accessibility. It offers extensive possibilities for repositioning or continuing its current use.

Currently, the space includes a reception area, offices/consultation rooms, restrooms, a laboratory, and technical areas, offering a highly versatile structure suitable for various business models. Its layout and size allow for minimal future CAPEX for adaptation to numerous uses, accelerating the start-up of operations.

Calle Alcalá continues to position itself as one of Madrid's urban corridors with the highest commercial appeal, combining constant foot traffic, visibility, established commerce, high population density, excellent transportation links, and continuous business activity.

Agency commission charged to the tenant: one month's rent.