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10.7% Roi Commercial Space M4-A/B / M5

San Jose del Cabo, MX
  • $1,200,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 24-3224
UPDATED: 150 min ago
$1,200,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,320
    SQFT
  • $226
    $/SQFT
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

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 M) 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.

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© 2024 Multiple Listing Service in Baja California Sur. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or AB Baja Real Estate. Data last updated: 2024-10-04T23:33:52.913.
www.abbaja.com/homes/152532639
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10.7% Roi Commercial Space M4-A/B / M5 San Jose del Cabo, MX

  • Price: $1,200,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 150 min ago
  • MLS #: 24-3224
0
Beds
0
Baths
0
½ Baths
0.12
Acres
5,320
SQFT
$226
$/SQFT
Neighborhood:
Sjd D/Town:General
Area:
Sjd-Centro
Property Description
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 M) 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.
Exterior Features

Decks Patios Sq Ft 92.00 Decks Patios Square Meters 8.55 Road Type Paved

Interior Features

Misc Furniture Muebles Un-Furnished/Sin Muebles

Property Features

Construction Completed Electric Electrico CFE Location Ubicacion Mall/Ctro Comercial Misc Elevtr/AscensorWkrs Bthm/Ban Obrer Potential Use Commercial UnitOfficeProfessionalRetailStrip Mall Primary View Local Property Name Plaza Pescador Secondary View City Seller Financing Offered No Sewage Muni Title esc Total Sq Ft 5412.28 Total Square Meters 503.00 Water Muni

© 2024 MLS BCS - Listing provided courtesy of Iris Capital: (624) 264-2561.


© 2024 Multiple Listing Service in Baja California Sur. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or AB Baja Real Estate. Data last updated: 2024-10-04T23:33:52.913.
 
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Plaza San Lucas 85, Transp Km Hwy 0.5
Cabo San Lucas MX, 23450