land for sale in the best shopping area in Surco

LOCATION: Javier Prado Ave. 38thStreet-Corner withVía EvitamientoSurco

LandÁrea : 21,673 m2

Sale Price : US$ 2,600 X m2

Total Price : US$ 56´350,000

Zoning : CZ (Commercial)

Features.- Locatedintheintersectionoftwomayorroadsin Lima. Infrontof Jockey Plaza, Shopping center,thebestMallinPeru,FiveminutesawayfromSanIsidro’sbusinessandfinancialhub.

INVESTMENT COST

Land (m2 X US $ ) 21,673.00 X 2,600 = US$ 56´350,008

Construction (6 Towers)

547,419.60 m2 x US$ 700 = US$ 383’193,720

TOTAL US$ 439’543,728

BUSINESS 1: SALE OF PRIME OFFICES AND RETAILS SPACES

Offices 208,524 m2 X US$ 2,500 = US$ 521´310,000

Retails 31,858 m2 X US$ 5,000 = US$ 159´290,000

Parking lots 6,911 X US$15,000 = US$ 103´665,000

Total Sales Price US$ 784´265,000

Total Investment Value US$ 439´543,728

GROSS PROFIT US$ 344´721,272

PROFIT RATE 78.43%

Increases of Profitability according Pre- Sales before Construction

0% Pre-sale, than profitability goes to: 78.43% (Required Investment : US$ 439.54 Mill.)

25% Pre-sale, than profitability goes to: 137.90% (Required Investment : US$ 309.65 Mill.)

50% Pre-sale, than profitability goes to: 256.85% (Required Investment : US$ 219.77 Mill.)

75% Pre-sale, than profitability goes to: 613.71% (Required Investment : US$ 109.88 Mill.)

BUSINESS 2: LEASE OF PRIME OFFICES AND RETAIL SPACES

Offices : 208,524 m2 x US$ 22 x m2 = US$ 4´587,528

Retail : 31,858 m2 x US$ 45 x m2 = US$ 1’433,610

Parking Lots : 6,911 x US$ 250 x m2 = US$ 1´727,750

Monthly total Rent US$ 7´748,888

Yearly Total Rent US$ 92’986,656

CAPE RATE BRUT : US$439’543,728 / US$ 92’986,656 = 21.16 %