Description

Commercial building 100% occupied by the largest home improvement chain 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 sq ft) and the building measures 14,500 square meters (156,067 sq ft). 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%.

Posted Oct 24, 2016

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