Your email has been sent.
Carretera de Montcada, 4 59,707 SF Retail Condo Unit Offered at $4,008,961 in Terrassa, Barcelona 08223
Some information has been automatically translated.
Investment Highlights
- Modern residential building (2008) with 16 floors and commercial premises on the ground floor, located in a well-established area of Terrassa.
- Excellent visibility and communications, on one of the main access roads of the city.
Executive Summary
Residential building with commercial spaces on the ground floor located at Ctra. de Montcada nº 4, Terrassa. Built in 2008, it is a modern and well-maintained property situated in a developed area with excellent transportation links and easy access to the city's main roads. The building has 16 floors above ground, combining residential use in the upper levels with commercial activity on the ground floor, which adds dynamism and value to the surroundings.
Property Facts
| Total Building Size | 318,407 SF | Floors | 16 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 19,892 SF |
| Property Subtype | Year Built | 2008 | |
| Building Class | C | Lot Size | 1.84 AC |
| Total Building Size | 318,407 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 16 |
| Typical Floor Size | 19,892 SF |
| Year Built | 2008 |
| Lot Size | 1.84 AC |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Private Bathroom
1 Unit Available
Unit -
| Unit Size | 59,707 SF | Sale Type | Investment |
| Price | $4,008,961 | Cap Rate | 7.00% |
| Price Per SF | $67.14 | NOI | $280,627.28 |
| Condo Use | Retail |
| Unit Size | 59,707 SF |
| Price | $4,008,961 |
| Price Per SF | $67.14 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $280,627.28 |
Description
Income-generating asset on Montcada Road, Terrassa, with 5,547 m2 leased to Área Fit gym under a 20-year contract (10 years mandatory), with annual adjustments based on the CPI.
Rent of €19,830/month + VAT, expenses fully borne by the tenant, price €3,400,000 and net yield of 7%.
Sale Notes
Income-generating asset located on Montcada Road, Terrassa, in a well-established area with excellent visibility and transportation links. Terrassa has a population of 224,114 inhabitants (INE 2024), ensuring a strong area of influence and stable demand.
This is an opportunity to purchase an income-generating property with a top-tier tenant, the Área Fit gym, currently in full operation. The property has an approximate built area of 5,547 m2 and is leased under a long-term contract with a total duration of 20 years, with a mandatory compliance period of 10 years, providing stability and security to the investor.
The current rent amounts to €19,830 per month + VAT, with annual updates according to the CPI. The contract includes deposits and guarantees totaling €39,660, along with an additional guarantee from the parent company, reinforcing the solvency of the operation.
Regarding the expense structure, the tenant covers property tax, community fees, waste, parking permits, and all utilities, making the investment virtually management-free for the owner, who does not incur expenses.
The sale price is €3,400,000, offering a net annual return of 7%, ideal for investors seeking recurring income, contractual stability, and an attractive return on a well-established asset.
Foto interior
Foto interior
Presented by
Carretera de Montcada, 4
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.