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Palma, Islas Baleares 07005 1,862 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 | |||
| - | 1,862 SF | Negotiable | $13.48 /SF/YR INCL $1.12 /SF/MO INCL $25,107 /YR INCL $2,092 /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 | 1,862 SF | Gross Leasable Area | 10,000 - 60,000 SF |
| Property Type | Retail | Year Built | 1950 - 1959 |
| Property Subtype | Retail |
| Total Space Available | 1,862 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 10,000 - 60,000 SF |
| Year Built | 1950 - 1959 |
ABOUT THE PROPERTY
OPPORTUNITY FOR ENTREPRENEURS TRANSFER €70,000 If you've dreamed of owning your own business, we present this magnificent Mexican cuisine restaurant, located in one of the most booming areas of Palma, situated in the coveted Aragón area in Palma de Mallorca, a strategic location that will attract both locals and tourists. The influx of potential customers is guaranteed. It is a 173m2 space, equipped with all the furniture and typical decor of the region, as well as all the necessary and operational production facilities. A spacious dining area allows you to host a large number of guests. It has a generous kitchen, a 37m2 terrace, and two restrooms. You won't have to worry about additional expenses, as this restaurant comes fully equipped and ready to operate from day one. The kitchen is equipped with all necessary appliances, furniture, and a dining area that immerses you in the local atmosphere. Don't miss this incredible investment opportunity in the restaurant sector. With such an affordable price and a well-equipped space, this location is perfect for entrepreneurs and passionate chefs who wish to bring their culinary vision to life in one of Palma's booming areas. If you want to know the current profitability of the business, contact us and we will provide you with all the information so you can have the peace of mind of choosing a secure investment.
NEARBY MAJOR RETAILERS
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RE/MAX Island
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"Palma, Islas Baleares 07005"
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