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Palma, Islas Baleares 07006 7,072 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 | |||
| - | 7,072 SF | Negotiable | $37.13 CAD/SF/YR INCL $3.09 CAD/SF/MO INCL $262,598 CAD/YR INCL $21,883 CAD/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 | 7,072 SF | Gross Leasable Area | > 50,000 SF |
| Property Type | Retail | Year Built | 2000 - 2009 |
| Property Subtype | Retail |
| Total Space Available | 7,072 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | > 50,000 SF |
| Year Built | 2000 - 2009 |
About the Property
Large commercial space on the seafront in Portitxol, Palma de Mallorca, ideal for a restaurant, café, or bar. The property is entirely on the ground floor and features both outdoor and indoor areas, with panoramic views of the promenade and the sea. The space requires a complete renovation, offering the opportunity to fully customize it to the taste and needs of the new tenant. The layout already includes a bar area, a kitchen space with a cold storage room, and a bathroom area, all pending completion. It also has pre-installed ducted air conditioning and a smoke extraction system. Parking spaces are available for rent at an additional cost. Portixol is a prestigious coastal neighborhood in Palma de Mallorca, renowned for its well-maintained infrastructure and wide range of services catering to both residents and visitors. Its prime location by the sea and its attractive promenade make it a highly frequented area, with a steady flow of people enjoying its Mediterranean ambiance year-round. This enclave combines leisure, gastronomy, and quality of life, making it a highly sought-after location for living or investing in a waterfront property. Its small traditional harbor adds a special nautical charm and enhances its Mediterranean character with local and recreational boats. Renting a commercial space in Portixol is an exceptional opportunity for any gastronomic project seeking scale and visibility. This is a massive property with ample indoor and outdoor space, perfect for creating a large, versatile restaurant concept with different atmospheres. Its direct sea views and prime location on the promenade ensure a constant flow of visitors throughout the year. A location like this not only offers capacity but also provides a unique dining experience right by the Mediterranean.
Nearby Major Retailers
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"Palma, Islas Baleares 07006"
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