Plaza El Faro, offering a strong 8.5% Net ROI, is a 19,914 sqft multi-tenant strip center located in Los Cabos’ prestigious Tourist Corridor. Situated beside the renowned Palmilla Resort, the property benefits from dual-direction visibility along Federal Highway 1, with exposure to over 30,000 daily cars. Surrounded by luxurious resorts and residential developments, Plaza El Faro boasts a robust tenant mix, including Del Mar, a Hatfield company, occupying 30% of the space. All tenants have renewed or signed new leases in the past six years, making this a rare investment opportunity in Mexico’s top resort destination, with booming tourism and excellent airport accessibility.
Property Details
Price:
$6,500,000 / 124,644,121 MXN
MLS #:
24-3611
Status:
Active
Baths:
0
Address:
Plaza El Faro
Type:
Commercial
Subdivision:
Espiritu del Mar
City:
San Jose Corridor
Listed Date:
Aug 9, 2024
State:
BCS
Finished Sq Ft:
214,274
Lot Size:
52,990 sqft / 1.22 acres (approx)
Year Built:
2007
See this Listing
Dane Posey is not your typical real estate agent. Originally from the Bay Area of Northern California, he has lived full-time in San Jose del Cabo for the past eleven years and a top MLS agent in nearly all of them. In addition to helping hundreds of American and Canadian clients navigate the nuances of buying and selling real estate in Mexico, he has personally purchased properties in San Jose del Cabo and Pescadero and built a home from the ground-up for his family. With over $100MM in closed …
More About DaneSchools
Interior
Exterior
Financial
Map
Community
- AddressPlaza El Faro San Jose Corridor BCS
- SubdivisionEspiritu del Mar
- CitySan Jose Corridor
Similar Listings Nearby
- Carr. Transpeninsular km 31.5 Plaza Villa Valentina
San Jose del Cabo, BCS$4,900,000
2.47 miles away
NOM 247: *Conversion to PESOS subject to change. The offered price is in DOLLARS (US Currency) and in accordance with article 8 of the monetary law, the final price for recordation purposes will be converted into PESOS resulting from the official exchange rate on the date payment is due. In accordance with NOM 247, prices shown in DOLLARS can be converted into PESOS by accessing the following link and performing the corresponding arithmetic multiplication per the current exchange rate. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=en
*Conversión a PESOS sujeta a cambios. El precio de oferta es en DÓLARES (moneda de los EUA) y de conformidad con el artículo 8 de la ley monetaria en vigor, el precio oficial a registrar en la escritura será el de PESOS que resulte del tipo de cambio oficial en la fecha que el pago sea obligatorio. De conformidad con la NOM 247, los precios en DÓLARES se pueden consultar en PESOS mediante la multiplicación aritmética del precio mostrado en DÓLARES por el tipo de cambio en vigor para solventar operaciones en dólares moneda de Los EUA. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp
*Conversión a PESOS sujeta a cambios. El precio de oferta es en DÓLARES (moneda de los EUA) y de conformidad con el artículo 8 de la ley monetaria en vigor, el precio oficial a registrar en la escritura será el de PESOS que resulte del tipo de cambio oficial en la fecha que el pago sea obligatorio. De conformidad con la NOM 247, los precios en DÓLARES se pueden consultar en PESOS mediante la multiplicación aritmética del precio mostrado en DÓLARES por el tipo de cambio en vigor para solventar operaciones en dólares moneda de Los EUA. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp
Plaza El Faro
San Jose Corridor, BCS
LIGHTBOX-IMAGES