Commercial property in Sant Andreu, Barcelona, Spain 5000 sq.m. No. 151872

Property description

Parking for sale in a residential area of Barcelona.Location: 

Environment: 
dense residential area; important Avenida Meridiana;developed infrastructure in a densely populated area;active commercial area: chain supermarkets, gyms, branches of major banks, various establishments;large sports centre and school;number of hotels in the immediate vicinity;public transport stops, including 2 metro stations. 
The property occupies 5,000 m² of commercial space spread over three floors, with a total capacity of 290 parking spaces. 121 spaces have already been sold, with the remaining 169 spaces leased to a leading operator.

Lease terms:
contract signed: 2019;contract renewed every 5 years;last renewal: 2023;fixed rent: 5.300€/month;
the tenant pays an additional variable part of the rent (percentage of profit);annual increase in rent according to the IPC (consumer price index);the costs of IBI tax and comunidad of 39.480€/year are paid by the tenant.
The cost of each place is 15.000€, which makes the investment more promising.