LEA - Suelo Comercial

Zadorra Hiribidea, Vitoria-Gasteiz, Alava, 01013, ES

Description

JLL as advisor is pleased to present Project North at Portal de Arriaga, 78, 01013 Vitoria-Gasteiz. This unique opportunity involves acquiring a 26,929 sqm strategically positioned plot for the development of a prime retail park in Northern Spain.

The 26,929 sqmplot allows for an efficient and scalable scheme (1 sqm/sqm buildability; 65% site coverage), enabling the creation of a best-in-class retail destination.

100% freehold ownership ensures full strategic control and long-term value creation.

Located in Vitoria-Gasteiz, capital of the Basque Country, a consolidated and resilient investment market. Strategically positioned at the intersection of the A-1 and N-622

motorways, offering outstanding accessibility and visibility, serving a catchment of over 263,000 inhabitants.

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Attributes

Land area gross

289,861 sf

Media

Investment highlights

26,929 sqm plot in Northern Spain for prime retail park development
Positioned at A-1 & N-622, offering excellent accessibility to 263,000 residents
100% freehold ownership, ensuring full strategic control and long-term value
Located in Vitoria, a top Spanish investment market with robust economic growth
Benefiting from a dynamic catchment with €35,450 avg. household income
No direct competition in the area, attracting retailers seeking market entry
Pre-emption rights ensure the plot is marketed as a single, unified asset
Potential for significant growth and value creation in a resilient market