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Centro Comercial Príncipe Pío Paseo de la Florida, 2

8,536 SF of Office Space Available in 28008 Madrid

Some information has been automatically translated.

Highlights

  • Very representative building
  • Good condition
  • Excellent communications

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • 1st Floor
  • 8,536 SF
  • Negotiable
  • $19.70 /SF/YR EXCL $1.64 /SF/MO EXCL $168,194 /YR EXCL $14,016 /MO EXCL
Space Use
Office
Condition
Full Build-Out
Availability
June 01, 2025

Office located in the Príncipe Pío shopping center, formerly known as Estación del Norte (North Station), next to the metro and commuter train station (lines 6 and 10). The building, designated as a Property of Cultural Interest, was modified in 1999 to house a recreational, cultural, and commercial area. This is an office with an independent entrance on the building's facade. It features restrooms and hot-cold air conditioning. It has a total area of 793 sq m (8,535 sq ft) distributed across a first floor of 581 sq m (6,254 sq ft), a ground floor of 59 sq m (635 sq ft), and a mezzanine of 153 sq m (1,647 sq ft).

  • Charges not included in the Rent: $65,218 /YR
  • Taxes not included in the Rent: $32,364 /YR
  • Office intensive layout
  • Partitioned Offices
  • Natural Light
  • Very representative building
  • Excellent communications
  • Good condition
Space Size Term Rental Rate
1st Floor 8,536 SF Negotiable $19.70 /SF/YR EXCL $1.64 /SF/MO EXCL $168,194 /YR EXCL $14,016 /MO EXCL

1st Floor

Size
8,536 SF
Term
Negotiable
Rental Rate
$19.70 /SF/YR EXCL $1.64 /SF/MO EXCL $168,194 /YR EXCL $14,016 /MO EXCL
Space Use
Office
Condition
Full Build-Out
Availability
June 01, 2025

Office located in the Príncipe Pío shopping center, formerly known as Estación del Norte (North Station), next to the metro and commuter train station (lines 6 and 10). The building, designated as a Property of Cultural Interest, was modified in 1999 to house a recreational, cultural, and commercial area. This is an office with an independent entrance on the building's facade. It features restrooms and hot-cold air conditioning. It has a total area of 793 sq m (8,535 sq ft) distributed across a first floor of 581 sq m (6,254 sq ft), a ground floor of 59 sq m (635 sq ft), and a mezzanine of 153 sq m (1,647 sq ft).

  • Charges not included in the Rent: $65,218 /YR
  • Taxes not included in the Rent: $32,364 /YR
  • Office intensive layout
  • Partitioned Offices
  • Natural Light
  • Very representative building
  • Excellent communications
  • Good condition

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.

SELECT TENANTS AT Centro Comercial Príncipe Pío

  • Tenant
  • Description
  • Locations
  • Reach
  • Levi's Outlet Store
  • Unisex Apparel
  • 46
  • International
  • Starbucks
  • Coffee
  • 248
  • International
Tenant Description Locations Reach
Levi's Outlet Store Unisex Apparel 46 International
Starbucks Coffee 248 International

PROPERTY FACTS FOR Paseo de la Florida, 2 , Madrid, MAD 28008

Total Space Available 8,536 SF
Property Type Retail
Gross Leasable Area 393,733 SF
Total Land Area 39,678.00 AC
Year Built/Renovated 1900/2004
Parking Ratio 2.1/1,000 SF

About the Property

Property with great architectural value whose origins date back to the beginning of the 20th century, with a large central lobby and two towers. It is located attached to the Príncipe Pio commuter station. The building, classified as an Asset of Cultural Interest, was modified in 1999 to house a recreational, cultural and commercial area. In 2014, the Community of Madrid expanded its uses to include offices. The availability consists of a main building of 6,000 m2 on 6 floors (ground floor + 5), and free spaces of 3,429 m2.

  • Bus Line
  • Food Court
  • Metro/Subway
  • Restaurant
  • Signage
  • Kiosk/Cart Space
  • Enclosed Mall
  • Wheelchair Accessible
  • Car Charging Station
  • Air Conditioning

Nearby Major Retailers

Caixabank
Abanca
Ibercaja
Kutxabank
Tony Roma's
Banco Sabadell
Carrefour Express
Deutsche Bank
Five Guys
Unicaja
  • Listing ID: 32112110

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: Paseo de la Florida, 2, 28008 Madrid

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