Income-Producing Retail-Office Bldg. FOR SALE
Lots nos. S3-9, S3-10 & S3-11, State Road PR-21, Las Lomas Development, Gobernador Piñero Ward, San Juan, 00921
Sold: $962,500
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
7,937 sqft
Land Size
1,043 sqm
Sewer
Yes
Water
Yes
Zoning
C-1 (commercial)
Electric
Yes
Parking
33
Property Description
Situated on a heavily traveled artery (State Road PR-21) that connects the Martinez Nadal Expressway to Jose de Diego Avenue. The property is conveniently located just steps from the Las Lomas commuter train station, and just east of the Martinez Nadal commuter train station.
- Site Area: 1,043.33 square meters, equivalent to 11,230 square feet
- Zoning: C-1 (commercial)
- Flood Conditions: X (non-floodable)
- Tax Code #'s: 086-045-453-01; 086-045-453-02; & 086-045-453-03
- Annual Property Tax Expense: $3,238.08
- Gross Building Area: 7,937.00 square feet
- Usable Area: 5,988.30 square feet
- # of Stories: 3
- Elevator: Yes
- Parking Spaces: 33 (ratio of 5.5 per 1,000 SF)
- Physical Occupancy: 44.3%
- Tenant 1: Laboratorios Borinquen; Grd. level; 1,182.70 square feet; 5-yr term with three (3) five (5) year renewal options; commencement Feb. 1, 2020; termination Jan. 31, 2025; $2,500/mo. NNN level for 1st 5 years, increments thereafter.
- Tenant 2: Doctor; 2nd level; 1,013.10 square feet; month-to-month
- Tenant 3: Doctor; 3rd level; 456.40 square feet; month-to-month
