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Palma, Islas Baleares 07003 1,765 SF of Retail Space Available
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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
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RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| - | 1,765 SF | Negotiable | $6.39 /SF/YR INCL $0.53 /SF/MO INCL $11,280 /YR INCL $940.00 /MO INCL |
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- Taxes and Charges included in the Rent
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 | 1,765 SF | Property Type | Retail |
| Total Space Available | 1,765 SF |
| Property Type | Retail |
ABOUT THE PROPERTY
EXCLUSIVE TRANSFER IN PRIME AREA OF PALMA'S OLD TOWN Ref. BG1286 | Transfer: €130,000 | Area: 164 m² | Rent: €800/month Unbeatable location: high prestige and commercial value In the heart of Palma's Old Town, steps away from iconic streets, historical monuments, and areas with high tourist and local traffic, lies this spacious 164 m² premises with unique commercial potential. A highly sought-after location, both for its heritage value and its constant influx of customers throughout the year. Large premises with versatile layout Main room with equipped bar, ideal for a bar or café Private multi-use area, perfect for events, tastings, or VIP experiences Ground floor lounge with pool table and bathrooms: relaxed and characterful atmosphere Professional kitchen equipped with active carbon extractor and pre-installation for smoke outlet Spacious areas ready to adapt to different gastronomic, leisure, or specialized retail concepts. Double active license: bar/café + souvenir shop A unique differential value: the premises have two active commercial licenses, allowing for income diversification and maximizing space without lengthy administrative procedures. Unique opportunity: exceptional rent in premium area Only €800/month rent in one of the most exclusive, tourist, and high-value real estate areas of Palma. An impossible price to find in this enclave, maximizing profitability from day one. Why invest here: Strategic location: tourist and commercial epicenter 164 m² well distributed, ready to operate Active licenses: bar, café, and shop Unmatched rent for this area High flow of tourists and residents all year Operational versatility to adapt multiple concepts Don't miss this unique opportunity in Palma Contact us for more information or to schedule a visit. Make your commercial project a reality in one of the most desired areas of the Balearic Islands.
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RE/MAX Grup Direct Central
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"Palma, Islas Baleares 07003"
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