101 PR-1 - Drug Store FOR SALE


Caguas, PR 00725
$9,588,000 USD
787-777-5800
101 PR-1, Caguas, PR  for Sale
$9,588,000 USD
Drug Store - FOR SALE
1/30
null | Request Cap Rate

101 PR-1
Caguas, PR 00725


OVERVIEW

Positioned strategically in a prime location in Caguas, Puerto Rico, this store serves as an essential healthcare and retail center for its community. With a well-established presence and a trusted tenant in Walgreens, this property offers investors a stable income stream and the potential for long-term growth. This Walgreens store is an ideal investment for those seeking a secure and attractive opportunity, with a brand-new 17-year lease and consistent 10% rent increase every 5 years. Additionally, there are twelve consecutive 5-year options to renew automatically in place, ensuring long-term stability.

FOR SALE DETAILS

PRICE

$9,588,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens Store #509 in Caguas

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

787-777-5800

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787-777-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.