Escazu Corporate Center Office Space

  • $15,000,000
San José, Escazu, Costa Rica
For Sale BUSINESS
Escazu Corporate Center Office Space
San José, Escazu, Costa Rica
  • $15,000,000

Overview

Property ID: MLS-31644
  • Commercial Property
  • Property Type
  • 11
  • Bedrooms
  • 11
  • Bathrooms
  • 1.2
  • Acres

Description

 Escazu Corporate Center: Prime office space in San Jose, 52,356 Square Feet, 8.34 Cap Rate, AAA tenants, modern facilities, ample parking, strategic location.

Location: Escazu, San Jose, Costa Rica
Price: 15,000,000

Property Details:

Bedrooms: 11

Bathrooms: 11

Lot Size: 1.2 acres

Floor Area: 52,356 Square Feet

Year Built: 2018

Overview:
A prime investment opportunity in Escazu, known for high capital gains, offering an 8.34% Cap Rate with triple-A tenants. This modern corporate center is strategically situated just a minute from Route 27 and benefits from a free zone regime with leases ranging from 3 to 20 years.

Key Features:

Premium Tenants: Home to 11 office spaces, comprising 55% of the building’s capacity.

Ample Parking: 289 spaces distributed over 5 floors, maintaining a 1/30 parking ratio.

Modern Facilities: Equipped with independent air conditioning per office, six elevators, compliant bathroom facilities, a dining area for employees, and two common-use meeting rooms.

Security and Aesthetics: Offers 24/7 security, a reception area, a terrace ideal for events, and well-maintained parks and green spaces.

Investment Details:

Without Improvements: Available at $14,106,354 presenting a 7.49% Cap Rate.

With Improvements: Priced at $15,000,000 yielding an 8.34% Cap Rate.

Location Benefits:
Located in Escazu, one of the most sought-after areas in San Jose, close to major highways, providing easy access and visibility, perfect for corporate entities seeking a prestigious address in Costa Rica.

For more information or to explore this investment opportunity, contact Real Estate Group:
📞 +506 8896 1661
✉️ [email protected]
🌐 realestategrupo.com

Details

Updated on March 27, 2024 at 6:21 pm
  • Property ID: MLS-31644
  • Price: $15,000,000
  • Property Size: 1.2 Acres
  • Land Area: 52,356 Square Feet
  • Bedrooms: 11
  • Bathrooms: 11
  • Property Type: Commercial Property
  • Property Status: For Sale

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