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Aerial view of a large, white-roofed building with parking lots, outlined in yellow, surrounded by city buildings.

Strategic Industrial Complex in Tenerife

€35,000,000

~38,500 m² Plot surface

Description

We present a unique industrial opportunity in Tenerife, aimed at investors, logistics operators, and industrial companies seeking a large-scale asset with high operating capacity and excellent expansion potential. This Category 4 industrial complex, situated on a 38,500 m² plot, has been designed to accommodate industrial and logistics activities with medium to high technical requirements, standing out especially for its readiness for the automotive industry, while allowing multiple compatible industrial uses (except large retail premises). The complex has a sixty percent site coverage, offering an ideal balance between built area, logistics maneuverability, and future development capacity. Its layout enables the optimization of transport, storage, and production flows within a well-established industrial environment. One of the asset’s key differentiating values is its own energy infrastructure, consisting of a high-voltage transformer station and an independent electrical substation, ensuring sufficient power for intensive industrial operations and operational continuity. In addition, the complex includes a fuel retailing license, significantly expanding the possibilities for economic exploitation and making it a strategic hub for fleets, heavy logistics, or complementary industrial services. Urban planning regulations allow vertical construction, with the possibility of developing between 2 and 5 floors on one of the plots, increasing the buildable potential and the asset’s future profitability.

Engel & Völkers Santa Cruz de Tenerife

+34 922 441 209

Your advisor: Carlota Dueñas

Property ID: W-047ZM0

Property details

Object type
Other
Plot surface
~38,500 m²

Building Restrictions
None

Location: San Cristóbal de La Laguna, Canary Islands

The Los Majuelos Industrial Estate, located in the municipality of San Cristóbal de La Laguna, stands as one of the main hubs of economic activity in the metropolitan area of Tenerife. Its strategic position near Santa Cruz de Tenerife provides excellent connectivity and a key role within the island’s logistics and industrial system, consolidating it as a fully developed area with a high business density. It is an area with a highly diversified productive fabric, dominated by activities linked to logistics, transport and island-wide distribution, supported by the presence of last-mile operators, goods warehouses and supply companies for wholesale trade. This structure makes the estate a central node for the flow of goods to Tenerife’s main urban centers. Likewise, Los Majuelos hosts a significant concentration of light industry and technical services, including automotive workshops, metalworking, graphic arts, maintenance and industrial supply firms, as well as businesses linked to construction and its ancillary services. This diversity of uses strengthens the area’s stability and its clearly productive character. Finally, the estate has a solid presence of business services and wholesale trade, with advisory firms, consultancies and administrative support companies that complement industrial activity. Its high occupancy, limited land availability and the constant demand for productive space consolidate Los Majuelos as one of the most relevant and stable locations for the establishment of industrial warehouses and industrial land in Tenerife.