Commercial for sale in Barcelona city, Barcelona

Three-story property with a reliable tenant in a modern residential area.
Lease valid until 2049. Guaranteed yield growth from 6.4% to 8.2%.

A property with a reliable tenant is for sale in Terrassa, a suburb of Barcelona located just 25 km from the city center.

Surroundings:

Modern residential neighborhood
Active commercial zone, including international retailers such as Papa John's, Lidl, and Carrefour
Several green spaces, including the city's main park only 700 meters away
Large shopping mall
Public transportation stops, including a train station with local and long-distance service
The property is leased to a fitness club belonging to a major international chain.

Lease Terms:

Lease start date: January 2024
Lease duration: 25 years
Mandatory performance period: 5 years
Monthly rent: €9,500
Annual rent increases based on the IPC (Consumer Price Index) beginning in January 2028, with a guaranteed minimum increase of 1% and a maximum of 3.5%
Additional fixed rent increases of 2% in years 6, 11, 16, and 21 of the lease
This ensures a guaranteed yield growth from 6.4% to at least 8.2%.

The property is located in a newly built residential complex and features a 20-meter-wide bright facade. The total area is 1,773 m², distributed as follows:

Ground floor: 1,341 m²
First floor: 213 m²
Basement: 177 m²

Fitness Park, founded in France in 2009, is one of the fastest-growing premium fitness chains in the world. As of early 2025, the brand operates around 366 clubs globally with more than 1.2 million active members. In 2024, the group generated total revenues of approximately €385 million, averaging about €1 million per club, with an EBITDA margin of 35% for its franchise model. The company employs roughly 1,500 people worldwide.

In Spain, Fitness Park launched in 2020. By the end of 2024, it operated 48 clubs with around 329 employees and more than 189,000 active users, generating revenues of approximately €60 million (including €40 million from clubs and €20 million from master franchising). This positions Fitness Park among the top 4 smart-price operators in the Spanish fitness sector, with active expansion in Madrid, Barcelona, Valencia, Andalusia, and other regions.

Terrassa is a satellite city located just 25 km (25–30 minutes by car or train) from downtown Barcelona. With a population of over 225,000, it ranks among the top 10 largest cities in Catalonia and plays a key role in the Barcelona metropolitan area. Historically an industrial hub known for its textile industry, Terrassa has evolved into a modern center for light industry, healthcare, logistics, and education.

It is home to the Polytechnic University of Catalonia (UPC) campus and the Orbital 40 tech park, fostering startups and scientific innovation. The city offers a strategic location with direct access to major highways and rail lines (FGC and RENFE), providing swift connections to Barcelona, the airport, and the seaport.

Terrassa attracts investors with moderate real estate prices, high rental yields, and strong demand from students, families, and professionals. The municipality also offers robust support for businesses. The city features comprehensive urban infrastructure — schools, hospitals, malls, parks, and cultural venues. Its safety, comfort, and quality of life make it ideal for both living and working.

Moreover, its architectural heritage, including the iconic Modernist Masia Freixa, makes Terrassa a cultural magnet. It is more than just a suburb of Barcelona — it is a growth hub with high investment potential, blending industrial roots, a tech-driven present, and a sustainable urban future.