Active
8.56% ROI Commercial Spaces, Plaza Pescador
San Jose del Cabo
$280,000
$273.44 per sqft
Active
1,024 sqft
Commercial
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 Mananitas, 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.
24-3328
MLSⓇ ID
July 20, 2024
Listed
August 27, 2024
Updated
Map
8.56% ROI Commercial Spaces, Plaza Pescador
San Jose del Cabo
Other Property Details
Area Name
SJD-Centro
Garage
No
View
No
Pool
No
The data relating to real estate for sale on this web site comes in part from the Multiple Listing Service in Baja California Sur. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Apex Real Estate Los Cabos shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2024 Multiple Listing Service in Baja California Sur. All rights reserved.