Remarks

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..

Details

MLS#: 60597
Price: $2,150,000

Style: Commercial Space
Sq Ft: 32848.00
Year Built: 1987