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Lanbarren

Active management of an income-producing retail warehouse

The Lanbarren Retail Park is located in the Oiaztzun municipality, which belongs to the San Sebastian metropolitan area, 12 km from the capital and 10 km from Irun. It is well served by road, with access from the AP-8 toll road and the GI-636 conventional road, and has two bus stops providing links to Hondarribia, Irun and San Sebastian.

With a total gross lettable area (GLA) of 11,302 sq m, the retail warehouse is arranged over two buildings which are currently occupied by Mercadona (3,772 sq m) and Brico Depot (7,530 sq m). It also boasts a large car park with 490 spaces, 193 of which are for use by Mercadona customers.

The building occupied by Mercadona has a basement, ground floor—which houses the retail space—and mezzanine level. The building occupied by Brico Depot is arranged over a ground floor and a 175 sq m mezzanine level to be used for office space.

PROJECT TYPE

Property Management

PURPOSE

Management of an income-producing property

LOCATION

Lanbarren (Oiartzun) – Guipuzcoa, Spain)

TIPO DE ACTIVO

Retail warehouse

TOTAL AREA

11.302 m²

CLIENT

EPE

Mercadona is the main supermarket company in Spain, with a 25% market share. It currently has around 1,676 stores distributed all over Spain and Portugal and 99,000 employees.

Euro Depot is one of the main companies specialising in construction and decoration products. It employs over 1,700 people in 31 stores located across Spain and Portugal.

This new acquisition by our clients demonstrates their confidence in Guipuzcoa province and allows them to pursue their investment strategy in Spain.

Shaping The Next. Let’s start designing your real estate future today. Because the property industry is our raison d’être, we at Fenext are committed to proposing the most innovative solutions for your business. Contact us and together we will tailor the most appropriate strategy to suit your needs.