This is a great investment opportunity giving a high return on investment.
Ocean Plaza center is located along the busy Herradura road on the way to Los Suenos Marina and Resort. The location is incredible for vendors and this is why the plaza is currently full with tenants.
This 2 story plaza has an elevator making the second-floor accessible by wheelchairs.
23 Vendors and a kiosk give this commercial space a solid ROI. There is also a storage container business that is sold as part of this deal. There is room to expand the storage business with more containers. The new owner may wish to build an apartment or small hotel on the property which would even further the monthly income. The plans for the apartment are already done.
Longtime tenants include BCR Bank, Herradura Divers, Jaco Water Sports, CR Marine and Supply plus many more including a successful law firm.
All the locals are full but there are only 8 tenants so this makes administration much easier.
A huge feature for the ample parking is awnings that extend out over the parking spots directly in front of the plaza to provide protection from the rain, customers really appreciate this feature.
Two entrances allow for easy access off the main road going to Herradura beach which is a high traffic road.
There is room for expansion and Phase 2 has already been approved.
A private well on the property provides clean water in abundance.
Please call or email for financial information which is all up to date and correct.
- Close To Schools
- Income Producing
- Split Air Conditioning
- Storage Unit
- Wheelchair Access