OFFICE FOR SALE AT CAPITAL PLAZA, COSTA DEL ESTE

CORPORATE OFFICE FOR SALE – CAPITAL PLAZA, PANAMA
AAA Tenant | Immediate Cash Flow | Active Lease Agreement

Looking for a solid, profitable, and secure real estate investment in Panama?
We present a premium corporate office with a world-class tenant, occupying the property since 2008 with an active contract through 2026.

Strategic location in Capital Plaza, one of the city's most established corporate towers, with over 90% occupancy.

Capital Plaza – Floor 16
Costa del Este, Panama City

Property Characteristics

• Building: Capital Plaza
• Location: Costa del Este
• Total Area: 1,069 m²
• Number of Properties: 8
• Parking Spaces: 24 dedicated spaces

Current Income

• $19,776.50 monthly
• $237,318 annually

Maintenance and air conditioning expenses are paid by the tenant as pass-through, so the income is close to NOI.

Lease Renewal

Period:
Annual Increase: 3%

Average rent for new contract:
$299,664 annually

Asset Value at a 7% Cap Rate

Using the average income from the new contract:

Sale Price: $4,280,000

Details That Add Value

• Tenant has renewed 4 consecutive contracts
• High probability of extension for 5 additional years, with rent increase
• Improvements exceeding US$1.2 million, including 30 executive offices, conference room, and premium finishes
• Contract with enforcement clause
• This is an asset for those who understand the value of a stable investment with immediate returns. Ideal for investors seeking to protect capital and generate income from day one.

Contact us for more financial information or to schedule a visit. An institutional-quality office with a solid tenant and proven profitability.