100% Leased Shopping Center @10% Cap Rate, | $2,150,000 | MLS# 60597
Sylvia Selles Alverio Agent Photo
Sylvia
Selles Alverio
C. (787) 627-0600
P. (787) 627-0600
License #: C17343
Phone Sylvia remax-realrealtypr.com
RE/MAX Real Realty
Ave Degetau D-7 Urb. San Alfonso, Caguas PR

Puerto Rico
MLS# 60597

Details

%
Years (35 year max)
Years



AreaSan Sebastián
Sub AreaGuatemala (Barrio)
State/ProvinceSan Sebastián
CountryPuerto Rico
Price$2,150,000
Property TypeCommercial Space
Floor Space32848 Square Feet
Lot Size14863727.00 m²
Year Built1987
MLS® #60597

ully leased retail shopping center with 33,714 SF of rentable space on 3.67 acres in the heart of San Sebastián’s commercial district. Excellent visibility between PR-111 and PR-446, 119+ parking spaces, 20 electric meters, and 500 KVA substation. Current 10% Cap Rate with projected 11.76%+ in under 12 months. Zoned IL (Light Industrial), FEMA Flood Zone X (outside flood areas), with permit for Strip Shopping use. Room for expansion and value-add. Next to Banco Popular, Walgreens, and surrounded by Wendy's, El Mesón, Subway, Church’s, Burger King, McDonald’s, National Lumber, Berrios, Pep Boys, AutoZone, FirstBank, credit unions, dealerships, and more. Ideal long-term investment in a high-traffic corridor..


Listed by PMI Puerto Rico, Inc


Location

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About

Real Estate Broker and President of Real Realty Group since 2011. Real Realty Group is a company dedicated more than a decade ago to serve as an intermediary in the sale, purchase and rental of residential and commercial properties. Our mission is to satisfy the expectations of each represented driven by our knowledge, commitment and consistency.