Commercial building 100% occupied by the largest home improvement chain located in Latin America. Currently leased for 30 years and in the second year of that lease with another 30 year option available. The lot is 24,538 square meters (264,124 square feet) and the building measures 14,500 square meters (156,067 square feet). The construction consists of precast concrete with 39 foot ceilings, thermal roof protection, central air conditioning and natural illumination. Monthly rent: $122,000 US; Cap rate: 8%
About the Property
The lot is 24,538 square meters (264,124 square feet) and the building measures 14,500 square meters (156,067 square feet).
Located in commercial building. Occupied by the largest home improvement chain in Latin America.
Current and Prior Use:
Commercial building 100% occupied by the largest home improvement chain in Latin America.
Please read the following before downloading any file on BizQuest.com.
BizQuest has not checked any of the attached files for viruses or other malicious
code, and we therefore make no representations or warranties of any kind, express
or implied, as to the security, stability or any other aspect of any file attached
to any listing available through the BizQuest site or any affiliate site. Any material
that you download or otherwise obtain from our site is done so at your own discretion
and risk, and you will be solely responsible for any potential damages to your computer
system or loss of data resulting from your download of any such material. While
we assume our users would not knowingly upload an unsafe file to our site, it is
possible that they may do so unknowingly. We therefore strongly suggest that you
have proper virus scanning and protection software installed on your computer system
Asking Price: $18,200,000 Gross Revenue: $1,500,000Net Operating Income: $1,400,000FF&E: Not Disclosed included in asking priceBuilding Sq. Ft.: 156067.00Price/Sq. Ft.: Not DisclosedShare this business:
Explanation of Financial Terms
The total asking price of the property for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Net Operating Income
Net Operating income (NOI) equals operating revenue less operating expenses.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.