Active
10.7% ROI Commercial Space, Plaza Pescador
San Jose del Cabo
$1,200,000
$221.73 per sqft
Active
5,412 sqft
Commercial
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.
24-3224
MLSⓇ ID
July 12, 2024
Listed
August 27, 2024
Updated
Map
10.7% ROI Commercial Space, Plaza Pescador
San Jose del Cabo
Other Property Details
Area Name
SJD-Centro
Garage
No
View
No
Pool
No
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