A Good Faith Investment: Income Producing Commercial Unit

Commercial premises of 1,353 m2 built area, currently leased to a religious community, with access from two streets: C/ Leones and C/ Pintor Nicolau.

The property comprises four interconnected cadastral units, leased as a single premises. It includes a spacious interior warehouse of 951 m2 on its own plot, plus 402 m2 of street-level commercial space.

Sold with a lease in force until 31 July 2032. The tenant is a religious community with a long history at the premises and a record of punctual payment. The buyer takes over the lease from day one and receives annual rent of approximately €37,000, indexed each year to the Spanish consumer price index (CPI), with an additional 5% increase scheduled for August 2027. Approximate gross yield of 5.7% at the asking price.

Beyond the rental income, the asset offers medium-term potential: when the lease expires in 2032, the buyer regains a large open-plan space with its own plot and dual access, in an established, well-connected area.

Features:

Built area: 1,353 m2
Interior warehouse of 951 m2 on its own plot
Street-level commercial units of 210, 134 and 58 m2
Access from C/ Leones 27 and 27A and C/ Pintor Nicolau 11
Leased to a religious community until July 2032, rent ≈ €37,000/year
Ideal for investors and family offices seeking stable income

Don’t miss out: this is the INVESTMENT you have been waiting for.