Prime office space opportunity. This turn-key property features a modern layout and is currently generating income (8.9% ROI).
Located on the third floor reached by either stairs or elevator, this 1,553.66 sq ft (144.34 M²) commercial space boasts a unique layout for professional use. The versatile layout features an open workspace with cubicle stations, a formal conference room, and three private offices. Two executive suites, each with ample natural light, are connected by a welcoming lounge area, perfect for collaboration or informal meetings. This flexible space is ideal for a variety of office configurations. Plaza del Pescador has been a well-established business district since 2012. The sale of individual commercial units offers a high-profile opportunity unlike any other in San Jose. Immediately start earning a 8.9% ROI with built-in inflation adjustments additional to the appreciation of property value. The current annual cash flow is $32,000 USD through a lease agreement set in place until March 2027. Renewal option available or chance to secure a new tenant upon lease expiration.
The mall has been a success due to the location on the tourist corridor, the only four lane avenue with a designated bike lane, wide pedestrian crossroads, and well maintained public areas for both locals and tourists to enjoy. 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.
The 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.This established tenant minimizes turnover. The lease agreement outlines pre-defined tenant improvements and maintenance responsibilities.
This cash-flowing property offers exceptional value for hands-off investors seeking a strategic investment in a thriving commercial district.
Additional Highlights:
– Walking distance to the ocean – safeguarding property value
– Surging commercial rental demand that outpaces supply
– 137 underground parking
– Surging commercial rental demand
– Capitalize on exceptional exposure and visibility
Located on the third floor reached by either stairs or elevator, this 1,553.66 sq ft (144.34 M²) commercial space boasts a unique layout for professional use. The versatile layout features an open workspace with cubicle stations, a formal conference room, and three private offices. Two executive suites, each with ample natural light, are connected by a welcoming lounge area, perfect for collaboration or informal meetings. This flexible space is ideal for a variety of office configurations. Plaza del Pescador has been a well-established business district since 2012. The sale of individual commercial units offers a high-profile opportunity unlike any other in San Jose. Immediately start earning a 8.9% ROI with built-in inflation adjustments additional to the appreciation of property value. The current annual cash flow is $32,000 USD through a lease agreement set in place until March 2027. Renewal option available or chance to secure a new tenant upon lease expiration.
The mall has been a success due to the location on the tourist corridor, the only four lane avenue with a designated bike lane, wide pedestrian crossroads, and well maintained public areas for both locals and tourists to enjoy. 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.
The 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.This established tenant minimizes turnover. The lease agreement outlines pre-defined tenant improvements and maintenance responsibilities.
This cash-flowing property offers exceptional value for hands-off investors seeking a strategic investment in a thriving commercial district.
Additional Highlights:
– Walking distance to the ocean – safeguarding property value
– Surging commercial rental demand that outpaces supply
– 137 underground parking
– Surging commercial rental demand
– Capitalize on exceptional exposure and visibility
Property Details
Price:
$365,000
MLS #:
24-3619
Status:
Active
Beds:
0
Baths:
0.5
Address:
8.9% ROI Commercial Space Plaza Pescador
Type:
Single Family
Subdivision:
SJD D/town:General
Neighborhood:
SJD-Centro
City:
San Jose del Cabo
Listed Date:
Aug 10, 2024
State:
BCS
Finished Sq Ft:
1,553
Total Sq Ft:
1,553
ZIP:
Year Built:
2012
Schools
Interior
Bathrooms
1 Half Bathroom
Exterior
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NOM 247: *Conversion to PESOS subject to change. The offered price is in DOLLARS (US Currency) and in accordance with article 8 of the monetary law, the final price for recordation purposes will be converted into PESOS resulting from the official exchange rate on the date payment is due. In accordance with NOM 247, prices shown in DOLLARS can be converted into PESOS by accessing the following link and performing the corresponding arithmetic multiplication per the current exchange rate. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=en
*Conversión a PESOS sujeta a cambios. El precio de oferta es en DÓLARES (moneda de los EUA) y de conformidad con el artículo 8 de la ley monetaria en vigor, el precio oficial a registrar en la escritura será el de PESOS que resulte del tipo de cambio oficial en la fecha que el pago sea obligatorio. De conformidad con la NOM 247, los precios en DÓLARES se pueden consultar en PESOS mediante la multiplicación aritmética del precio mostrado en DÓLARES por el tipo de cambio en vigor para solventar operaciones en dólares moneda de Los EUA. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp
*Conversión a PESOS sujeta a cambios. El precio de oferta es en DÓLARES (moneda de los EUA) y de conformidad con el artículo 8 de la ley monetaria en vigor, el precio oficial a registrar en la escritura será el de PESOS que resulte del tipo de cambio oficial en la fecha que el pago sea obligatorio. De conformidad con la NOM 247, los precios en DÓLARES se pueden consultar en PESOS mediante la multiplicación aritmética del precio mostrado en DÓLARES por el tipo de cambio en vigor para solventar operaciones en dólares moneda de Los EUA. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp
8.9% ROI Commercial Space Plaza Pescador
San Jose del Cabo, BCS
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