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

Rental of an industrial and office building, currently used for 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 m2 on a plot of 1,136 m2 according to the land registry. It is located in the Fuencarral – El Pardo District, within the office area near the RENFE Ramón y Cajal station, very close to the hospital and within the influence area of the Madrid Nuevo Norte project. Built in 1990, the building is horizontally divided and distributed over a basement, ground floor, mezzanine, four upper floors, and a fifth floor housing an office, a meeting room, and two storage rooms. The property is well-maintained, and the roof has been recently renovated. According to Zonal Regulation 9.4.a, the land permits hotel use, opening up the possibility of transforming it into a student residence, hotel, or similar projects. If its current use as storage units is maintained, the activity could continue immediately without additional investment. In the basement, accessible via a ramp and automatic door from Labastida Street No. 2, there are about 36 parking spaces, although part of the space was allocated for the water tank required for the storage unit license. The ground floor has pedestrian access from the same street and houses the former office reception, currently unused, with a connection to the garage and mezzanine. Additionally, it includes an independent structure renovated as a rented apartment, which can be delivered vacant or with a tenant. The mezzanine is at the level of Francisco Sacha Street and can be accessed both from inside the building and from the outside. This level has several parking spaces for customers, a loading dock, the business's operational reception with five workstations, large storage units, and direct communication with the dock to the upper floors. The first to fourth floors are entirely dedicated to storage units, equipped with fire prevention systems, freight elevators, restrooms, and connection to the building's staircase. The first and fourth floors each house 302 storage units, while the second and third floors have 171 storage units each. The fifth floor, accessible only from the fourth by stairs, includes the roof, an office, a meeting room, and two storage rooms. The building's expenses in 2022 amounted to €16,244.96, including property tax, waste collection, and driveway access fees.