Active
8.9% ROI Commercial Space, Plaza Pescador
San Jose del Cabo
$365,000
$235.03 per sqft
Active
1 Bath
1,553 sqft
Commercial
Built in 2012
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 Mananitas, 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
24-3619
MLSⓇ ID
August 10, 2024
Listed
November 22, 2024
Updated
Map
8.9% ROI Commercial Space, Plaza Pescador
San Jose del Cabo
Interior Features
Total Bathrooms
1
Half Bathrooms
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Sewer
Muni
Other Property Details
Area Name
SJD-Centro
Garage
No
View
No
Pool
No
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