Cap Rate 12% shopping center in Heredia

Heredia, Heredia
$1,800,000 Property ID: 21854

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Location: Heredia, Costa Rica
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.
MLSID
21854
Price
$1,800,000
Status
Active/Published
Property Type
Commercial
Beds
16
Baths
16
LOT Area (SQ M)
1750
Floor Area (SQFT)
20990
Year Built
2003
Acres
0.43
Additional Features
Parking Spaces : 36

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