Commercial property in Cerdanyola del Vallès, Barcelona

Property consisting of three assets in the Cerdanyola del Vallès area on the outskirts of Barcelona. Total area 2,371 sq.m. It comprises a petrol station, a car wash, and an office building.

The office building stands on a plot of 458 sq.m. The three-storey building is used as an office and mini-market for the petrol station. Total built-up area of the building is 508 sq.m.

The car wash and petrol station occupy a plot of 1,978 sq.m.

Lease terms:

The petrol station has been leased to a well-known company since 2006 for a term of 12 years. Minimum annual rent 120,000 euros. In recent years the rent has risen to 132,000 euros per year, as it depends on sales volume.

The car wash has been leased since 2014 for a term of 10 years. Annual rent 16,100 euros.

The office building has been leased since 2017 for a term of 5 years with subsequent renewal. Annual rent 21,305 euros.

Yield 7.37%