2097 Av. Eugenio María de Hostos - Retail FOR SALE


Mayaguez, PR 00680
$11,470,891 USD
787-777-5800
2097 Av. Eugenio María de Hostos, Mayaguez, PR  for Sale
$11,470,891 USD
Retail - FOR SALE
1/33
null | Request Cap Rate

2097 Av. Eugenio María de Hostos
Mayaguez, PR 00680


OVERVIEW

Positioned strategically in a prime location in Mayaguez, 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

$11,470,891 USD

PRICE/SF

$639 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens Store #374 in Mayaguez

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

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.