Remarks

Prime Investment Opportunity – Shopping Center with Established Tenants and Income Growth Potential. This shopping center is a great investment opportunity, currently generating steady income from well-known tenants like Planet Fitness, Island Finance, Mario’s Pizza, and Trend Nails. There are two available spaces that with great potential for increased revenue. One space is 4,472 sf., and the other is an end-cap unit in excellent condition with 6,920 sf., plus a mezzanine and loading dock. These units present significant opportunities for expanding the center's income stream. Additionally, the property includes a second floor with approximately 13,000 sf of undeveloped space, providing even more potential for growth and additional revenue. Located in the heart of Caguas' urban town core, next to the vibrant Paseo Gautier Benitez, the center boasts ample parking with a lot and garage accommodating 112 vehicles, plus 4 handicap spaces. The total size of the center is 53,000 sq. ft., making this a prime opportunity for both current income and future development.

Details

MLS#: PR9109680
Price: $2,800,000

Style: Retail
Sq Ft: 53405
Year Built: 1950

County: Caguas
Subdivision: CAGUAS COMMUNITY SHOPPING CENTER
Tax Fee: 39938