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Palma, Islas Baleares 07013 452 SF of Retail Space Available
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Highlights
- Aire acondicionado.
- Alarm.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
| Space | Size | Term | Rental Rate | |||
| - | 452 SF | Negotiable | $36.90 /SF/YR INCL $3.08 /SF/MO INCL $16,682 /YR INCL $1,390 /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 | 452 SF | Gross Leasable Area | < 15,000 SF |
| Property Type | Retail | Year Built | 1880 - 1889 |
| Property Subtype | Retail |
| Total Space Available | 452 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | < 15,000 SF |
| Year Built | 1880 - 1889 |
About the Property
Bar for transfer, fully operational, located in Santa Catalina, one of the most sought-after leisure and dining areas in Palma. Established business with over a year of activity and an excellent reputation among both local and international clientele. Currently managed by its owners without hired staff, allowing the new owner to define their own cost structure from the start. Key highlights: - Prime location in the heart of Santa Catalina, with high pedestrian and tourist traffic. - Long-term lease agreement with rent below market rates for the area. - Free of debts or liabilities, and no exclusivity agreements with suppliers. - Equipment and machinery in good condition, included in the transfer. - Strong and exceptional online reputation. - Demonstrable trend of improving profitability. Ideal for an operator seeking a turnkey business with an established clientele and reputation in one of Palma's most promising areas.
Nearby Major Retailers
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RE/MAX Magic
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"Palma, Islas Baleares 07013"
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