New

Excellent Investment Opportunity With Immediate Income

$970,000
  • 2 Bathrooms

Description

This 290 m² commercial space is offered for sale and is currently leased under a newly signed 3-year contract, allowing the new owner to generate income from day one. Located in the central area of the shopping mall, next to well-known stores and established brands, this property enjoys a strategic location with high visibility and constant customer traffic, making it an ideal opportunity for both investors and business owners seeking a presence in one of Panama’s most important and busiest commercial centers. The property offers 290 m² of construction area, distributed into 165 m² on the ground floor and 125 m² on the mezzanine level, providing a functional and versatile layout suitable for a wide range of business operations. Features include 2 private restrooms, 2 air-conditioning units of 7.5 tons each, and a 200-gallon rooftop water storage tank. The mezzanine features a reinforced high-strength structure designed to support heavy loads without the vibrations commonly found in similar spaces, providing enhanced safety, stability, and operational efficiency. The property benefits from all the advantages offered by El Dorado Mall, a well-established shopping center that houses more than 250 retail stores, 20 restaurants, and a wide variety of services that attract visitors year-round. In addition, the complex offers approximately 1,200 covered parking spaces and 419 outdoor parking spaces, ensuring convenience, accessibility, and an excellent experience for customers and visitors. Operating costs are highly competitive, with a monthly maintenance fee of US$577.50, an extraordinary fee of US$165.00 allocated to commercial area improvements and renovations, and an annual property tax of less than US$150.00. As an added value, the property is registered under an independent corporation that may be transferred to the buyer, providing an efficient ownership structure for investors. A unique opportunity to acquire a strategically located commercial asset with immediate income, excellent exposure, and strong appreciation potential.
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Engel & Völkers

Your advisor: Raquel Benaim

Property ID: AM-5526876

Property details
  • Property type

    Store

  • Bathrooms

    2

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