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Palma, Islas Baleares 07014 915 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 | |||
| - | 915 SF | Negotiable | $77.05 /SF/YR INCL $6.42 /SF/MO INCL $70,498 /YR INCL $5,875 /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 | 915 SF | Property Type | Retail |
| Total Space Available | 915 SF |
| Property Type | Retail |
ABOUT THE PROPERTY
Unique Opportunity! Transfer of TOP location on the Promenade - high foot traffic area Are you looking for a business ready to operate in an unbeatable location? A magnificent commercial space is available for transfer in one of the most trafficked and sought-after sections of the Promenade, a strategic point for any leisure, hospitality, or light dining activity. A space with enormous visibility thanks to its 5-meter facade that will attract customers from day one! Perfect layout to maximize every square meter With 75 m² well utilized, the space offers: Spacious main room of approximately 41 m² Fully equipped bar of 21 m² 2 restrooms Independent storage room Fully soundproofed, complying with all acoustic regulations Option for a 15 m² terrace, ideal for increasing capacity and revenue Licenses ready to operate No waiting, no paperwork! The space includes: Activity license 5B Interior and exterior acoustic certificate Valid musical entertainment license (OCA) Perfect for starting operations immediately with multiple exploitation possibilities. Equipment included - Walk in and start working The transfer includes: Air conditioning Sound system Dishwasher Water heater Freezer Complete beverage inventory Alarm system An operational business in a premium location with everything ready to continue functioning without additional investment.
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"Palma, Islas Baleares 07014"
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