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Carrer Navas de Tolosa 3,132 SF Retail Condo Unit Offered at $1,022,750 in Sant Andreu, Barcelona 08027
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Investment Highlights
- Residential building with commercial spaces on the ground floor, located in Navas de Tolosa in the heart of Sant Andreu.
- Excellent visibility and connectivity in a well-established area with full services and high commercial activity.
Executive Summary
Residential building with commercial spaces on the ground floor, located on Navas de Tolosa Street in the vibrant Sant Andreu neighborhood. The property offers good visibility and excellent public transportation connections, surrounded by a well-established area with all kinds of services, shops, restaurants, and facilities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial portfolio in Sant Andreu consisting of 5 retail spaces in a newly constructed building (2023), with a total built area of 290.73 m² and 100% occupancy. It generates annual income of €59,709 with a net yield of 6.6% and long-term active contracts.
Sale Notes
Extraordinary commercial portfolio located on Navas de Tolosa Street, in the dynamic Sant Andreu neighborhood. The portfolio consists of five ground-floor retail spaces within a newly constructed building completed in 2023, offering a solid, secure investment opportunity with immediate income.
The transaction is priced at €900,000, with an annual net yield of 6.6% and consolidated rental income totaling €59,709 per year. This income is derived from fully active lease agreements and 100% occupancy, ensuring cash flow from day one. The asset has a total built area of 290.73 m², of which 252.26 m² are usable, and all units are currently leased, eliminating post-purchase leasing risks.
Sector diversification is a standout feature, with tenants operating in industries such as dining, services, healthcare, and food retail, reducing the risk of payment defaults. The primary tenant is a well-established pharmacy with a lease renewed through 2045, ensuring long-term stability and accounting for 36% of the total rental income. Situated on a corner with dual frontage, the units benefit from excellent visibility and steady pedestrian traffic. Connectivity is outstanding, with Navas Metro Station just six minutes away, Clot Metro Station seven minutes away, and RENFE La Sagrera Station ten minutes away. Additionally, property taxes (IBI) and community fees are passed on to the tenants, safeguarding the net profitability of the investment.
This asset combines all the key factors for an investor: immediate income, long-term leases, and secure diversification. All documentation, including lease agreements, floor plans, and cadastral references, is available upon request.
The transaction is priced at €900,000, with an annual net yield of 6.6% and consolidated rental income totaling €59,709 per year. This income is derived from fully active lease agreements and 100% occupancy, ensuring cash flow from day one. The asset has a total built area of 290.73 m², of which 252.26 m² are usable, and all units are currently leased, eliminating post-purchase leasing risks.
Sector diversification is a standout feature, with tenants operating in industries such as dining, services, healthcare, and food retail, reducing the risk of payment defaults. The primary tenant is a well-established pharmacy with a lease renewed through 2045, ensuring long-term stability and accounting for 36% of the total rental income. Situated on a corner with dual frontage, the units benefit from excellent visibility and steady pedestrian traffic. Connectivity is outstanding, with Navas Metro Station just six minutes away, Clot Metro Station seven minutes away, and RENFE La Sagrera Station ten minutes away. Additionally, property taxes (IBI) and community fees are passed on to the tenants, safeguarding the net profitability of the investment.
This asset combines all the key factors for an investor: immediate income, long-term leases, and secure diversification. All documentation, including lease agreements, floor plans, and cadastral references, is available upon request.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 3,132 SF | Retail | $1,022,750 ($326.55/SF) | - |
Unit -
| Unit Size |
| 3,132 SF |
| Condo Use |
| Retail |
| Price |
| $1,022,750 ($326.55/SF) |
| NOI |
| - |
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Unit -
| Unit Size | 3,132 SF |
| Condo Use | Retail |
| Price | $1,022,750 ($326.55/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial portfolio in Sant Andreu consisting of 5 retail spaces in a newly constructed building (2023), with a total built area of 290.73 m² and 100% occupancy. It generates annual income of €59,709 with a net yield of 6.6% and long-term active contracts.</li></ul> | |
| Sale Notes | |
| Extraordinary commercial portfolio located on Navas de Tolosa Street, in the dynamic Sant Andreu neighborhood. The portfolio consists of five ground-floor retail spaces within a newly constructed building completed in 2023, offering a solid, secure investment opportunity with immediate income.<br> <br> The transaction is priced at €900,000, with an annual net yield of 6.6% and consolidated rental income totaling €59,709 per year. This income is derived from fully active lease agreements and 100% occupancy, ensuring cash flow from day one. The asset has a total built area of 290.73 m², of which 252.26 m² are usable, and all units are currently leased, eliminating post-purchase leasing risks.<br> <br> Sector diversification is a standout feature, with tenants operating in industries such as dining, services, healthcare, and food retail, reducing the risk of payment defaults. The primary tenant is a well-established pharmacy with a lease renewed through 2045, ensuring long-term stability and accounting for 36% of the total rental income. Situated on a corner with dual frontage, the units benefit from excellent visibility and steady pedestrian traffic. Connectivity is outstanding, with Navas Metro Station just six minutes away, Clot Metro Station seven minutes away, and RENFE La Sagrera Station ten minutes away. Additionally, property taxes (IBI) and community fees are passed on to the tenants, safeguarding the net profitability of the investment.<br> <br> This asset combines all the key factors for an investor: immediate income, long-term leases, and secure diversification. All documentation, including lease agreements, floor plans, and cadastral references, is available upon request.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 10 |
| Property Subtype | Year Built/Renovated | 1950 - 1959/2020 - 2029 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 10 |
| Year Built/Renovated | 1950 - 1959/2020 - 2029 |
Amenities
Site Amenities
- Security System
- Elevator
- Lounge
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Engel & Völkers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Carrer Navas de Tolosa
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