Sale of Industrial–Commercial Property, El Roble de Alajuela. (AD)

Price
$12,317,015
Price/M² land
$337.90
Lot Size in m²
36451.09

Sale of Industrial–Commercial Property, El Roble de Alajuela. (AD)

Category

Land and farms

Published

02/12/2025

Location

Guacima

Price

$12,317,015

Price/M² of land

$337.90

Benefits

Near School
Near Transit
Plane
Easy Acces

Property

Located in a strategic area of high industrial and commercial growth, this 36,451 m² property in El Roble, Alajuela, offers exceptional potential for mixed-use projects, logistics, warehouses, distribution centers, retail, and service operations. Its location is unbeatable: just minutes from the Juan Santamaría International Airport, El Coyol industrial hub, free trade zones, the General Cañas Highway, and surrounded by major brands and consolidated developments.
The property features 108 meters of frontage, SZI (Industrial Subzone) land use, and permits for a wide range of activities including restaurants, offices, hotels, clean industry, distribution centers, storage, gas stations, technology services, and technology parks.
The property may be acquired as a whole or as two independent lots, each with defined projects and profitability.

LOT #1 — Commercial Development with Anchor Tenant (McDonald’s)
Land area: 12,006.21 m²
Asking price: $5,000,000
This lot offers ideal conditions for the development of a Commercial Plaza, supported by studies confirming its viability.

Key Features

Excellent frontage and commercial exposure.
Anchor tenant already installed: McDonald’s, with a built investment of $850,000.
Total McDonald’s footprint: 2,145 m² (350 m² restaurant + gardens, sidewalks, and parking).
Available land for additional development: 11,656 m².
Regulations allow for a 5,828 m² commercial plaza (50% construction / 50% green areas and parking).
Estimated construction cost for the plaza: $4,000,000 ($650/m²).
Projected rental rate: $16–$20 per m².
Expected monthly rental income for the plaza: approx. $100,000.
Additional Development Options
Two-story plaza for offices and educational centers.
Smaller plaza + vertical residential development (3 apartment towers) on the right side of the lot.

LOT #2 — Income-Producing Warehouse Park (15 warehouses + internal areas)
Land area: 24,454.88 m²
Existing construction: 11,031.18 m²
Asking price: $7,317,015

Key Features

15 warehouses with asphalted internal roads.
Full high-definition CCTV system.
24/7 security.
Each warehouse has its own water and electricity meter.
Current return: 8%

PURCHASE OPTIONS

OPTION 1 — Sale of Lot #1 (Commercial)
Area: 12,006.21 m²
Price: $5,000,000
OPTION 2 — Sale of Lot #2 (Industrial – Warehouses)
Area: 24,454.88 m²
Price: $7,317,015
OPTION 3 — Sale of the Entire Property
Total area: 36,451.09 m²
Total price: $12,317,015

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