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Secure prime location w/ established tenant (8.56% ROI)

This 1035.06 sq ft (96.16 M²) commercial space boasts a desirable layout for professional use. The space has two secure income streams in place. Renewal option available or chance to secure a new tenant upon lease expiration. Plaza del Pescador, a well-established business district since 2012, offers a high-profile opportunity to earn a 8.56% return on investment (ROI) with built-in inflation adjustments and additional appreciation on property value. The commercial spaces are located on the third floor reached via elevator or stairs. Both spaces are currently used as professional offices. These layouts are designed to have a lobby, private offices, a conference room and a break room/storage areas. The industrial design comes with high ceilings and good lighting. Tenants appreciate the location because of its parking convenience, vicinity to many food options, and formality. These established tenants minimize turnover. The lease agreements outline pre-defined tenant improvements and maintenance responsibilities.

Additional Highlights:
Walking distance to the ocean  safeguarding property value
Surging commercial rental demand that outpaces supply in an Intensifying commercial market momentum
137 underground parking for guests
Surging commercial rental demand
Capitalize on exceptional exposure and visibility
The location caters not only to the tourism industry, but also to over 400 nearby residences among the Club la Costa phases I-III, Misiones, Las Mañanitas, and Tortuga Bay housing developments all less than 5 min away. Plaza del Pescador is complemented by multiple attractions including cafes, banks, restaurants, retail, offices, and fitness centers that service a broad range of ages from Gen Z to Boomers.

This cash-flowing asset offers exceptional value for hands-off investors seeking a strategic opportunity in a thriving commercial district.

Property Details

Price:
$280,000
MLS #:
24-3328
Status:
Active
Beds:
0
Baths:
0
Address:
8.56% ROI Commercial Spaces Plaza Pescador
Type:
Single Family
Subdivision:
SJD D/town:General
Neighborhood:
SJD-Centro
City:
San Jose del Cabo
Listed Date:
Oct 31, 2024
State:
BCS
Total Sq Ft:
1,024
ZIP:

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