INTEL & HP ANCHORED BUSINESS PARKMAJOR CLASS A BUSINESS PARK

For Sale

INTEL & HP ANCHORED BUSINESS PARK

Property Address:

Property ID: 42

Heredia, Costa Rica, Costa Rica

Description:

Opportunity to acquire a major Class A office park in a free zone of San Jose, Costa Rica, 623,950 sf office park consisting of nine buildings and two parking decks with an excellent presence in the market

Features

  • 80% of tenancies are multi-national, Global Fortune 500 corporations including Hewlett Packard, Intel, Pfizer, Fujitsu, APL and Roche
  • Projected Year 1 NOI of US$7,786,193 increasing to US$10,500,000 in Year 4

Key Tenancy Details:

Tenant Lease Term Net Rental Income
p.a. Excl.GST
Hewlett Packard 37%
Intel 11%
Pfizer 8%
Fujitsu 8%
People Support 8%
Roche 6%
APL 4%
Other 20%

For further details contact:

  • Milton Lamb
  • Investment Sales
  • Canada
  • +416 607 4347

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