Cap Rate 12% shopping center in Heredia ID21854

Price
$1,800,000
Price/M²
$923.07
Spaces
16
Bathrooms
16
Parking
More
Lot Size
1750

Cap Rate 12% shopping center in Heredia ID21854

Category

Sale

Published

01/09/2024

Location

Heredia

Price

$1,800,000

Price/M² de construcción

$923.07

1950

Exactly adress of property

Heredia, CR

Stories

3

Floor

Other

Floor Number

planta baja

Benefits

Near Traffic
Guest Parking
Storage
Meeting Room
Reception
Sala de reuniones
Planta libre

Property

Profitability 12% Complete shopping center in Heredia.

It is located in an unbeatable location on a very busy main street.

It has an anchor pharmacy with several years in the market and very stable premises with contracts of more than 5 years old.

The plaza also has 3 levels of offices which are available for rent.

It has 36 parking spaces.

Currently it produces an income of $12,306 which generates a cap rate of 8.2% and with all offices occupied it would generate approximately $18,400 which would be a cap rate of 12.5%, monthly expenses are approximately $1,800.

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