Rhormoser Retail Office Space in Commercial Center for Sale

Sales price: $ 105,000
CAP Rate %: 8
Property Size (M2): 53
Sales price per sq meter: $ 1981

Listing Type: Income Producing Properties
CRC Professional: Paola Colombari
Listing No: 2220511

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Commercial Property Summary

Listing Overview: This retail or office space is in a very nice location. It is located in a commercial center at the front street side. It has a tenant for 3 years, a beauty salon, starts on April 2011. The tenant pays $700 + $200 + public services, per month, with a 5% annual increase. Legal costs will be paid by the client that buy the space.
Municipality: San Jose
Construction Area (M2): 53
Property Size (M2): 53
Construction Status: Complete
# of Parking Spaces: 50

Lease Terms

3 Years

Monthly Maintenance: $200
# of Offices: 1
# of Workspaces: Various
# of Conference: 0
# of Retail Units: 1
# of Bathrooms: 1

Site Detail

Location Summary: It is located on a very traffic commercial center. Front main street location.

Location Type

City Center
Shopping Center

Possible Uses: Retail Space, Local, Oficina, Commercial, Cafe, Restaurant.
Property Visibility: Excellent
Visible Signage: Yes
Highway(s) Access: Under 500meters

Financing

Financing Options: We can generally arrange 50% LTV, 2 Yr bridge financing in lieu of seller financing or as a means to close rapidly, while arranging long term bank financing.

Retail/Office Center Occupancy

Occupancy Summary: There are many stores as: banks, pharmacy, super market, restaurants.

Buildings and Construction

Number of Buildings

Construction Overview: In a good shape.

Parking

Parking Summary: The retail space is in a commercial center so there are plenty space for parking.
Parking Visitors: 50
Number Uncovered Spaces: 50
Number Covered Spaces: 0
Total Spaces: 50