Sambil Outlet Madrid

Sambil Outlet Shopping Center offers a unique blend of outlet shopping, leisure activities, and daily necessities, making it a significant retail destination in Madrid's southwestern area. Its prime location, diverse tenant mix, and potential for increased NOI through leasing of vacant spaces present an attractive investment opportunity.

Prominent shopping center located in the La Fortuna neighborhood of Leganés, situated in the southwestern part of Madrid's metropolitan area. The property benefits from excellent accessibility, with direct access from Madrid's main ringroad, the M-40, providing high visibility to passing traffic. It's also well-served by public transportation, with the La Fortuna metro station on Line 11 located right in front of the shopping center.

The asset boasts a total built area of over 140,000 square meters, with a GLA of 43,000 square meters. The shopping center is arranged over three levels, complemented by an underground parking facility that offers 2,400 spaces. Refurbished in 2017, Sambil Outlet comprises 134 retail units and attracts around 4 million visitors annually.

The tenant mix at Sambil Outlet is diverse and appealing, anchored by a 4,000 square meter Alcampo supermarket, which ensures consistent daily foot traffic. Notable tenants include El Corte Inglés Outlet, Odeon Cinemas, and Basic Fit gym. The property has a strong leisure component, occupying 23% of the GLA, with attractions such as a trampoline park and a skydive simulator. Fashion retailers make up 29% of the GLA, offering a variety of discount and brand-name options.

Sambil Outlet serves a substantial catchment area, with over 600,000 inhabitants within a 10-minute drive and more than 2 million people within a 15-minute drive. The average household income in the primary catchment area is above the national average, indicating a strong potential customer base.

The property's location and layout make it not only a significant retail destination but also present possibilities for future redevelopment. Its prime position in Madrid's metropolitan area, combined with its size and accessibility, could potentially allow for alternative uses such as hotels, healthcare facilities, offices, or senior living accommodations, subject to necessary approvals and market demand.