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Carretera de Montcada, 4 - Parc Central Segle XXI 59,707 SF Retail Condo Unit Offered at $3,956,294 in Terrassa, Barcelona 08223
Some information has been automatically translated.
Investment Highlights
- Modern residential building (2008) with 16 floors and commercial spaces on the ground floor, located in a well-established area of Terrassa.
- Excellent visibility and accessibility, located on one of the city's main access roads.
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
Description
Income-generating property 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 CPI.
Monthly rent of €19,830 + VAT, all expenses fully covered by the tenant, price €3,400,000, and a net yield of 7%.
Monthly rent of €19,830 + VAT, all expenses fully covered by the tenant, price €3,400,000, and a 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 residents (INE 2024), ensuring a strong catchment area and stable demand.
This is a purchase opportunity for an income-generating property with a top-tier tenant, the Área Fit gym, which is currently fully operational. 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, including a mandatory compliance period of 10 years, providing stability and security for the investor.
The current rent amounts to €19,830 per month + VAT, with annual adjustments based on the CPI. The contract includes deposits and guarantees totaling €39,660, along with an additional guarantee from the parent company, further strengthening the financial security of the transaction.
Regarding expense structure, the tenant covers property taxes (IBI), community fees, waste disposal, parking permits, and all utilities, making this investment virtually management-free for the owner, who incurs no additional costs.
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 yield from a well-established asset.
This is a purchase opportunity for an income-generating property with a top-tier tenant, the Área Fit gym, which is currently fully operational. 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, including a mandatory compliance period of 10 years, providing stability and security for the investor.
The current rent amounts to €19,830 per month + VAT, with annual adjustments based on the CPI. The contract includes deposits and guarantees totaling €39,660, along with an additional guarantee from the parent company, further strengthening the financial security of the transaction.
Regarding expense structure, the tenant covers property taxes (IBI), community fees, waste disposal, parking permits, and all utilities, making this investment virtually management-free for the owner, who incurs no additional costs.
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 yield from a well-established asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 59,707 SF | Retail | $3,956,294 ($66.26/SF) | $276,940.61 |
Unit -
| Unit Size |
| 59,707 SF |
| Condo Use |
| Retail |
| Price |
| $3,956,294 ($66.26/SF) |
| NOI |
| $276,940.61 |
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Unit -
| Unit Size | 59,707 SF |
| Condo Use | Retail |
| Price | $3,956,294 ($66.26/SF) |
| NOI | $276,940.61 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Description | |
| Income-generating property 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 CPI.<br> <br> Monthly rent of €19,830 + VAT, all expenses fully covered by the tenant, price €3,400,000, and a net yield of 7%.</li></ul> | |
| 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 residents (INE 2024), ensuring a strong catchment area and stable demand.<br> <br> This is a purchase opportunity for an income-generating property with a top-tier tenant, the Área Fit gym, which is currently fully operational. 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, including a mandatory compliance period of 10 years, providing stability and security for the investor.<br> <br> The current rent amounts to €19,830 per month + VAT, with annual adjustments based on the CPI. The contract includes deposits and guarantees totaling €39,660, along with an additional guarantee from the parent company, further strengthening the financial security of the transaction.<br> <br> Regarding expense structure, the tenant covers property taxes (IBI), community fees, waste disposal, parking permits, and all utilities, making this investment virtually management-free for the owner, who incurs no additional costs.<br> <br> 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 yield from a well-established asset.</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 | 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
Site Amenities
- Private Bathroom
1 1
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Carretera de Montcada, 4 - Parc Central Segle XXI
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