| Unit O-5 Plaza Pescador | Leased 144 M

Description

Prime office space opportunity. Located on the third floor reached by either stairs or elevator, this 1,553.66 sq ft (144.34 M) 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 Mañanitas, 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