Shop in Eixample, Spain, 1 049 sq.m

A spacious room with a tenant in the Sagrada Familia area with an annual increase in profitability

The home goods store occupies 3 floors of a high-rise residential building and has a noticeable facade with a length of 10 meters. The total area is 1049 m2, distributed as follows:

Main floor - 666 m2

Second floor - 213

Basement floor - 170m2

The lease contract was signed in April 2021 for a period of 13 years with mandatory execution - 5 years. In the first year, the rent is 7000 € / month, in the second - 7500 € / month, and in the third - 8500 / month, which means that in 2023 the profitability of the object will reach 7%. Further, the rent will grow annually taking into account the IPC index (Consumer Price Growth Index).

The property is located on a busy street with heavy pedestrian traffic in the immediate vicinity of the Sagrada Familia Cathedral. There is a covered parking next to the shop, and the nearest metro station is just a 5-minute walk away.