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Paseo de Federico García Lorca, 24 1,206 SF of Retail Space Available in Villa de Vallecas, Madrid 28031
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Highlights
- Nearby environment with the Palomeras Linear Park and cultural facilities such as the Paco Rabal Cultural Center.
- Access via EMT bus lines and connection with the M-40 and Avenida de la Albufera.
- Proximity to the Miguel Hernández metro station (L1).
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
-
Rental Rate
| Space | Size | Term | Rental Rate | |||
| Ground | 1,206 SF | Negotiable | $5.74 /SF/YR EXCL $0.48 /SF/MO EXCL $6,922 /YR EXCL $576.84 /MO EXCL |
Ground
Commercial space located on Paseo Federico García Lorca in Madrid. The property is offered under a transfer agreement and includes the equipment currently installed in the establishment. The premises come with existing furniture, nine key duplication machines, equipment for garage remotes, a plate engraving machine, and a knife sharpening machine. It also includes inventory of screws and hardware materials. The monthly rent is €500 plus VAT.
- Taxes and Charges not included in the Rent
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Secure Storage
- Plug & Play
- Demised WC facilities
- Display Window
- Transfer $200,000.
- 9 key duplication machines.
- Plate engraver and knife sharpener.
- Garage door opener equipment.
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 | 1,206 SF | Gross Leasable Area | 3,315 SF |
| Property Type | Retail | Year Built | 1965 |
| Total Space Available | 1,206 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,315 SF |
| Year Built | 1965 |
About the Property
The residential property is located on Paseo de Federico García Lorca in Madrid. Nearby is the Palomeras Linear Park, an urban space that connects this area of the Vallecas district. Also close by are the Paco Rabal Cultural Center and the Miguel Hernández Library, both key public facilities in the area. In the vicinity, there are also various municipal educational and sports facilities. Transportation options in the area include the Miguel Hernández metro station (Line 1), which is a short distance away. Several EMT bus lines operate on the surface, such as lines 54, 58, 103, 142, and 143, connecting to different points in the district and the city center. Access by private vehicle is facilitated through Avenida de la Albufera and the nearby connection to the M-40, which links to other main roads in the metropolitan network.
Nearby Major Retailers
Presented by
Ferretería Vallecana
Paseo de Federico García Lorca, 24
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