Warehouse investment property

Sales price: $ 150,440
CAP Rate %: 8.95
Property Size (M2): 144
Sales price per sq meter: $ 1045

Listing Type: Income Producing Properties
CRC Professional: Marc Schweitzer
Listing No: 6250811

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Commercial Property Summary

Listing Overview: This warehouse has been rented and occupied by company that handles logistics for the international shipping and contract is up for renewal in March 2014. Annual rent is right around $14000. This project consists of 73 warehouse built in two stages. The first stage of 40 warehouses have been sold, occupied and fully operational. The units serve as storage warehouse, offices and shops. This warehouse that is being offered is located in the second stage. The complex is situated within a pleasant environment, with contemporary architecture and ample spaces.
Municipality: Alajuela
Construction Area (M2): 144
Property Size (M2): 144
Construction Status: Complete
# of Parking Spaces: 4

Lease Terms

3+ Years

# of Offices: 1
# of Workspaces: 1
# of Conference: 0
# of Bathrooms: 1

Site Detail

Location Summary: It is located near the Juan Santamaria International Airport

Location Type

Airport
Industrial Park
Office Park
Suburban

Property Visibility: Good
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.