2 INCOME-PRODUCING OFFICE BUILDINGS (3,000 M2)

Description

Two income-producing office buildings marketed together on Calle Canudas in the Mas Blau I Business Park, in El Prat de Llobregat (Barcelona metropolitan area). They are two symmetrical buildings, each on a 2,100 m² plot with a buildable area of around 1,500 m², surrounded by landscaped grounds and with outdoor parking for around 20 cars per building. The building at Canudas 13-15 is let to Fox Head, a US multinational that has had its European headquarters here for more than 10 years, with 5-year extensions; the latest, signed in January 2023, has a mandatory term until January 2026 and a rent of 13,243 €/month. The building at Canudas 9-11 is let to Sedka Novias, a Spanish-Portuguese group selling formalwear for celebrations, under a 15-year lease signed in June 2022, with a mandatory term until 31 August 2025 and a rent of 12,500 €/month. The combined gross annual rent amounts to 309,000 €, with a gross yield of 6.44%.

City

El Prat de Llobregat

Built Area

3,000 m²

Plot Area

4,200 m²

Energy rating

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