$350,000
San Jose del Cabo,
MLS# 24-3031
1129.8 sqft
1 / 15
Property Description
Secure steady cash flow with a piece of an established business district (9.1% ROI) As one of the few modern, HQ quality buildings in the area, this well-maintained 1,133 sq ft (105.2 M²) office space boasts a desirable layout for professional use. The space has a secure income stream in place until May 2025. Renewal option available or chance to secure a new tenant upon lease expiration. Plaza del Pescador, a well-established commercial district since 2012, offers a high-profile opportunity to earn an 9.1% return on investment (ROI) with built-in inflation adjustments through the existing lease.
Details
Maps
Address
Property Name: Plaza Pescador
Street Name: 9.1% ROI office
Zone: San Jose del Cabo
Area: SJD-Centro
Community: SJD Downtown
Subdivision: SJD D/town:General
General Description
Construction: Completed
Current Price: $350,000
Price (USD): 350000
Seller Financing Offered?: No
Total M2: 105
Total SqFt: 1129.8
Lot M2: 105
Primary View: Local
Secondary View: City
Contract Data
Begin Date: 2024-07-02
Status: Active
Property Features
Road Type: Paved
Electric/Electrico: CFE
Potential Use: Commercial Unit; Office; Professional; Strip Mall
Title: esc
Water: Muni
Sewage: Muni
Supplements
Upon arrival on the second floor, a welcoming terrace greets visitors. The well-lit lobby features high ceilings and contemporary design, leading to private offices, a conference room, single bathroom, and breakroom. This well-designed space is currently leased to a reputable development company with a proven track record of meeting their lease obligations (details available upon request).
The strategic location minimizes tenant turnover compared to vacation rentals. The lease agreement outlines pre-defined tenant improvements and maintenance responsibilities, reducing owner obligations.
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
- High demand for HQ quality office space
- Capitalize on exceptional exposure and visibility
Minimize risk and maximize returns. Located in a thriving business district, the property is cash producing with minimal management responsibilities. Ideal for investors seeking a hands-off approach to generating a significant financial advantage.
Last Updated: July - 03 - 2024
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