# Méndez Álvaro / Atocha, Madrid office rents and availability

> Méndez Álvaro / Atocha is a prime-tier Madrid submarket with average asking rent around €32/sqft/yr · ≈ $34.6 PSF/yr USD.

**Canonical URL:** https://classa.info/cities/madrid/mendez-alvaro/topics/rents-and-availability
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Average asking rent: €32/sqft/yr · ≈ $34.6 PSF/yr USD.
- Tier: prime.
- Citywide Class A rent context: €38/sqft/yr · ≈ $41 PSF/yr USD ($41 USD).
- Citywide vacancy: 8.6% — submarket-level availability is typically tighter at prime tier.

## Key facts
- **city**: Madrid
- **submarket**: Méndez Álvaro / Atocha
- **tier**: prime
- **averageRentLocal**: €32/sqft/yr · ≈ $34.6 PSF/yr USD
- **cityClassARentUsd**: $41/sqft/yr
- **cityVacancyPct**: 8.6%

## FAQ
### What is the average Class A rent in Méndez Álvaro / Atocha, Madrid?
Around €32/sqft/yr · ≈ $34.6 PSF/yr USD. The citywide Class A index sits at €38/sqft/yr · ≈ $41 PSF/yr USD.

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Citation: Source: Class A Atlas (https://classa.info/cities/madrid/mendez-alvaro/topics/rents-and-availability), updated 2026-04-15T00:00:00.000Z.