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Secure steady cash flow with a piece of an established business district (10.7% ROI Fitness & Spa tenants).

Reduce your investment risk with a trusted success. Plaza del Pescador, a well-established commercial district since 2012, offers a high-profile opportunity to earn a 10.7% return on investment (ROI) with built-in inflation adjustments through pre-existing lease agreements. This 5414.25 sq ft (503 M²) commercial space hosts two highly successful, long-term tenants with proven track records of meeting their lease obligations (details available upon request). The current annual cash flow is $127k USD with established contracts – M4A until Nov 2026 and M4-B/M5 until Dec 2025. Renewal option available or chance to secure new tenants upon individual lease expiration.

The prime location is on the second floor on the corner of the thriving commercial district. Both businesses cater to local and tourist clientele – a significant factor in their long-term success.

Visitors arrive to the second floor via stairwell or elevator. The commercial section has individual entrances to each lobby. On the left, a boutique spa with its own waiting area, nail room, and two massage rooms. On the right, a fitness center with an industrial design that favors high traffic and natural light. The weight room leads to a private office and merchandise section followed by hallways that have niched locker rooms, maintenance, and storage rooms. The next area has a cardio room and a pilates room with an additional terrace currently used for boxing.

The commercial section is scarce to replicate. There aren’t many local options that provide underground parking and large square footage spaces. The lease agreements outline pre-defined tenant improvements and maintenance responsibilities, reducing owner obligations.

The strategic location minimizes tenant turnover. Conveniently situated along the tourist corridor, the space is close to the hotel zone, charming downtown, and over 400 nearby residences. The area caters to a broad demographic with surrounding law firms, banks, cafes, restaurants, and fitness centers.

Additional Highlights:
– Walking distance to the ocean
– 137 underground covered parking spaces
– Surging commercial rental demand
– Capitalize on exceptional exposure and visibility

This is an ideal find for investors seeking a hands-off approach to generating a significant financial advantage with minimal management responsibilities.

Property Details

Price:
$1,200,000
MLS #:
24-3224
Status:
Active
Beds:
0
Baths:
0
Address:
10.7% ROI Commercial Space Plaza Pescador
Type:
Single Family
Subdivision:
SJD D/town:General
Neighborhood:
SJD-Centro
City:
San Jose del Cabo
Listed Date:
Jul 12, 2024
State:
BCS
Finished Sq Ft:
5,412
Total Sq Ft:
5,412
ZIP:

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10.7% ROI Commercial Space Plaza Pescador
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