Calle de Labastida 45,607 SF of Office Space Available in Fuencarral - El Pardo, Madrid 28034

Rental of an industrial and office-use building, currently dedicated to the operation of rental storage units. The property features approximately 946 storage units and 36 parking spaces, with a total built area of 5,642 square meters on a plot of 1,136 square meters according to the land registry. It is located in the Fuencarral – El Pardo District, within the office zone near the RENFE Ramón y Cajal station, close to the hospital, and within the influence area of the Madrid Nuevo Norte development project. Built in 1990, the building is horizontally divided and distributed across a basement, ground floor, mezzanine, four upper floors, and a fifth floor that houses an office, a private office, and two storage rooms. The property is in good condition, and the roof has been recently renovated. According to Zonal Regulation 9.4.a, the land permits hotel use, opening the possibility of converting the building into a student residence, hotel, or similar projects. If its current use as storage units is maintained, operations could continue immediately without requiring additional investment. The basement, accessible via a ramp and automatic door from Labastida Street No. 2, includes approximately 36 parking spaces, although part of the space has been allocated for a water tank required for the storage unit license. The ground floor has pedestrian access from the same street and houses the former office reception area, currently unused, with connections to the garage and mezzanine. Additionally, it includes an independent structure renovated as a rented residence, which can be delivered vacant or with a tenant. The mezzanine is at street level on Francisco Sacha Street and can be accessed both from inside the building and externally. This level features several customer parking spaces, a loading dock, the operational reception area with five workstations, large storage units, and direct access from the dock to the upper floors. The first through fourth floors are entirely dedicated to storage units, equipped with fire prevention systems, freight elevators, restrooms, and connections to the building's staircase. The first and fourth floors each house 302 storage units, while the second and third floors each contain 171 units. The fifth floor, accessible only from the fourth floor via stairs, includes the roof, an office, a private office, and two storage rooms. The building's expenses in 2022 totaled €16,244.96, including property tax (IBI), waste collection fees (TRU), and driveway fees.