Question 1

What are the average lease rates for Class A industrial space in Baja?

Accepted Answer

Lease rates for Class A industrial space in Baja California typically range from $0.75 to $0.85 USD per square foot per month, depending on location and amenities. Tighter markets like Tijuana may see premiums, while developing areas offer more competitive sizing.

Question 2

Can foreigners buy industrial land in Baja California?

Accepted Answer

Yes, foreigners can acquire land in Mexico's restricted zone (border/coast) through a 'Fideicomiso' (Bank Trust). This grants you all ownership rights, including the ability to lease, sell, or build on the property.

Question 3

How long does a Build-to-Suit project take in Baja?

Accepted Answer

A typical Build-to-Suit (BTS) project in Baja California takes between 8 to 12 months from groundbreaking to occupancy. This timeline includes permitting, construction, and utility connections.

Question 4

What is the difference between Shell and Turnkey leases?

Accepted Answer

A 'Shell' lease provides the basic building structure (walls, roof, floor), leaving tenant improvements (offices, HVAC, lighting) to you. A 'Turnkey' lease includes all specified improvements, ready for immediate operation.

Question 5

Are Triple Net (NNN) leases common in Mexico?

Accepted Answer

Yes, most industrial leases in Mexico are Triple Net (NNN), meaning the tenant pays for property taxes, insurance, and maintenance in addition to the base rent.

Question 6

What utilities are available in Baja industrial parks?

Accepted Answer

Major industrial parks offer high-voltage power (KVA rights), natural gas, fiber-optic internet, and treated water/sewage systems designed for high-volume manufacturing operations.

Question 7

How close are Baja industrial parks to the US border?

Accepted Answer

Most Class A parks in Tijuana and Mexicali are located within 20-30 minutes of commercial border crossings (Otay Mesa, Calexico East), minimizing logistics transit time.