Your email has been sent.
Palma 07610 7,772 SF of Retail Space Available
Some information has been automatically translated.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
-
Rental Rate
| Space | Size | Term | Rental Rate | |||
| - | 7,772 SF | Negotiable | $8.83 /SF/YR INCL $0.74 /SF/MO INCL $68,632 /YR INCL $5,719 /MO INCL |
-
- 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 | 7,772 SF | Property Type | Retail |
| Total Space Available | 7,772 SF |
| Property Type | Retail |
About the Property
Premises available on the beachfront in El Arenal, Palma de Mallorca, ideal for a restaurant, café, or bar, with a capacity for up to 400 people, 2 levels, and panoramic views of the promenade and sea from its first-floor location. It features a central bar in a cabin, kitchen, storage, and restrooms. It has all the necessary permits, including a suitability report, for commercial activity or a potential change of use to multi-family residential, allowing for both provisional and definitive works, as it has community permits and meets urban planning parameters. The high-quality environment and its location near the sea ensure high foot traffic, and with its dual possible uses, it is an exceptional investment opportunity on the beachfront. El Arenal in Palma de Mallorca is known for its excellent infrastructure, offering a wide variety of services for locals and tourists. The area is especially attractive due to its privileged beachfront location, resulting in high and continuous pedestrian traffic. This bustling neighborhood is an ideal place for dining and entertainment, and owning property here is an excellent way to capitalize on the lively hustle and bustle. Investing in beachfront property is always a good investment. This spacious premises comes with several options and adapts to your needs: you can acquire it with a profitable tenant from day one, operate it yourself with your own business, or develop a multi-family residential project in one of the most in-demand areas in Palma de Mallorca. You win either way, because you have constant foot traffic, that spectacular location directly in front of the sea, and an unusual versatility that allows you to tailor this investment to your profile and market evolution.
-
RE/MAX Calm
Presented by
"Palma 07610"
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.