Escazu Income Producing Office Space for Sale

Sales price: $ 445,000
CAP Rate %: 12%
Property Size (M2): 258
Sales price per sq meter: $ 1725

Listing Type: Income Producing Properties
CRC Professional: John Hepner
Listing No: 406119

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Commercial Property Summary

Listing Overview: This office space is leased to two different tenants whose rental contracts include escalating rents at 4% annually. These offices are on the third floor of a four story office building. The building features an automated Building Management System (BMS) which controls the ventilation, lighting, power, water and security systems of the building to ensure efficiency. Additionally, there is a telecommunication room and common area finishings are in granite and porcelain. Security is excellent and parking ratio is among the best in the country.
Municipality: Escazu
Property Size (M2): 258
Construction Area (M2): 258
Construction Status: Complete
# of Parking Spaces: 10
Monthly Maintenance: paid by the tenant

Site Detail

Location Summary: This site is well located just 150 meters from the entrance to the San Jose/Caldera Highway in Escazu. Multiplaza Mall is 2 minutes away, San Jose 10 minutes and the International Airport is approximately a 20 minute drive.
Road Description: This complex sits on the main roadway that connects Guachipelin to the rest of Escazu and Santa Ana.
Highway(s) Access: 150 meters to the SJ/Caldera Highway

Parking

Parking Summary: One parking space per every 25 m2 of rented office space is included in the rental price, an exceptional parking ratio. Additional parking spaces cost $100 per month.
Number Uncovered Spaces: 8
Number Covered Spaces: 2
Total Spaces: 10