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8.56% ROI Commercial Spaces O-3 | O-4

San Jose del Cabo, MX
  • $280,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 24-3328
UPDATED: 28 min ago
$280,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,024
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

Secure prime location w/ established tenant (8.56% ROI)This 1035.06 sq ft (96.16 M) 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 Maanitas, 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.

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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: 2024-10-04T17:34:18.207.
www.abbaja.com/homes/152824392
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8.56% ROI Commercial Spaces O-3 | O-4 San Jose del Cabo, MX

  • Price: $280,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 28 min ago
  • MLS #: 24-3328
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,024
SQFT
$273
$/SQFT
Neighborhood:
Sjd D/Town:General
Area:
Sjd-Centro
Property Description
Secure prime location w/ established tenant (8.56% ROI)This 1035.06 sq ft (96.16 M) 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 Maanitas, 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.
Exterior Features

Decks Patios Sq Ft 0.00 Decks Patios Square Meters 0.00 Road Type Paved

Interior Features

Misc Furniture Muebles Un-Furnished/Sin Muebles

Property Features

Construction Completed Electric Electrico CFE Location Ubicacion Mall/Ctro Comercial Potential Use Commercial UnitOfficeProfessionalStrip Mall Primary View Local Property Name Plaza Pescador Secondary View City Seller Financing Offered No Sewage Muni Title esc Total Sq Ft 1024.35 Total Square Meters 95.20 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: 2024-10-04T17:34:18.207.
 
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AB Baja Real Estate
Plaza San Lucas 85, Transp Km Hwy 0.5
Cabo San Lucas MX, 23450