Close to the Gran Via, Puerta del Sol and major centers of transportation, with the highest footfall in the city
Why this location?
Originally known for its alternative and independent brands, Calle Fuencarral has become an established retail destination filled with fashion-forward and high end stores akin to Soho in London. 16 Calle Fuencarral is served by four underground transportation stations that are all less than 400 meters from the property, including the Gran Via station less than 200 meters away.
Heavily Trafficked Shopping District
Calle Fuencarral is a popular pedestrian corridor that benefits from high footfall, including international tourists and local residents on the adjacent Gran Via, one of Madrid’s trendiest locations. 16 Calle Fuencarral is also close to Puerta Del Sol, among the busiest areas of the city. Noteworthy tenants that have expanded into the Fuencarral district in the past few years include Michael Kors, Tommy Hilfiger, L’Occitane, and North Face.
High-Density Trade Area
Calle Fuencarral primarily features small retail units on the ground floor, with residential, office or hotel uses above. The limited availability of prime units in the surrounding area, combined with the improving economy in Spain, have led to increased demand for retail space on Fuencarral.
Excellent Retail Opportunity
The four-level, 14,300 SF (1,330 SM) retail and office building features two separate entrances, and 40 feet (12 meters) of frontage in the prime end of Calle Fuencarral. The property is one of the only assets on the street with vacant commercial space—10,250 SF (951 SM) on three floors.