Remarks

Commercial Property excellently located at the intersection of highway #1 with highway #175 in Caguas, with high commercial traffic every day. This commercial premises physically has the following: 2 bathrooms, cleaning room, kitchen area, food storage area, car service area, table area for clients, conveniently prepared facilities for the disabled, electric generator, external garbage room , area for 2 gas tanks, paved parking for 41 vehicles with LED lighting posts. Green areas (with garden). Remodeled premises. Excellent long-term investment property. The property generates a triple net profit. The current tenant covers all expenses. This location has 5,410 profitable square feet. It has a rental contract until 2025. Current monthly rent: $7,301.00. Current annual income: $87,612.00. This excellently located commercial premises is currently generating a capitalization rate of 4.87%..

Details

MLS#: 52018
Price: $1,800,000

Style: Commercial
Sq Ft: 5410.00
Year Built: 1980