A-1 / Las Tablas is a established-tier Class A submarket of Madrid with average asking rent around €28/sqft/yr · ≈ $30.2 PSF/yr USD.
Northern back-office and tech corridor. · Tier: established · Avg rent: €28/sqft/yr · ≈ $30.2 PSF/yr USD
The A-1 / Las Tablas corridor is Madrid's principal northern back-office and tech corridor — meaningful discount to Castellana with deep occupier base.
Tech, telecom, BPO, consultancies, back-office functions.
20–40,000 sqft floor plates available across newer Class A stock.
Las Tablas (Metro 10), Manuel de Falla.
Multi-modal transit with high commute capture from the city's professional catchment.
Telefónica HQ campus, retail park.
A-1 / Las Tablas is one of 5 Class A submarkets we cover in Madrid, classified as established tier with an average asking rent around €28/sqft/yr · ≈ $30.2 PSF/yr USD. Compared with the broader Madrid Class A stock, A-1 / Las Tablas typically attracts Tech, telecom, BPO, consultancies, back-office functions and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside A-1 / Las Tablas: Castellana & AZCA, Cuatro Torres, Las Tablas & Arroyofresno, Méndez Álvaro / Atocha. The full Madrid submarket atlas is at /cities/madrid.
For an institutional Class A occupier evaluating A-1 / Las Tablas, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Madrid Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.