Condado Business Center

Condado Business Center in Condado del Rey, Panama City

Condado Business Center is a completed commercial complex by Pacific Developers at the entrance to Condado del Rey, a residential and commercial growth area in the north of Panama City. According to the developer, the project has about 50,000 m² of construction, with 33 retail units and two office towers, and it has been home to the offices of international companies such as Hewlett Packard and Canon.

The spaces

• Two office towers with glass facades above the commercial level.
• 33 retail units at street level, with tenants that the developer describes as supermarkets, restaurants, franchises and department stores.
• Surface parking in front of the shops and access from one of the city's main avenues.

The entry office option is about 94 m² with one bathroom and two parking spaces, from $141,000. The complex is finished and in operation, so buyers acquire a ready space.

Building services

The complex has controlled access with 24/7 security, CCTV, a backup generator, shared business facilities and its own shopping area on the ground floor.

Location

Condado del Rey lies on the Vía Ricardo J. Alfaro (Tumba Muerto) corridor, surrounded by residential communities, schools and shopping centers. The developer highlights its closeness to public transport and good connections with nearby areas, and the Corredor Norte expressway and Via Transistmica are a short drive away. See other listings in Condado del Rey.

For investors and buyers

Condado Business Center suits companies that want their own office outside the central banking district, closer to the residential areas of northern Panama City, and investors looking for a finished office or retail unit to lease. Panama uses the US dollar as legal tender, so prices, leases and payments are in dollars. Availability and pricing change as units are sold or leased; contact the Life n’ ROI team for current office and retail space at Condado Business Center.