Description:
Class A office space consisting of approximately 10,112.29 square feet, fully leased with two credit-worthy tenants and currently generating $192,761 of Triple Net Income, located on the penthouse of the International Marketing Center - Building II in Guaynabo.
Location:
PH Unit 802, International Marketing Center - Building II, PR-165, Pueblo Viejo Ward, Guaynabo, Puerto Rico
Location Influence:
Convenient location next to port and Free Trade Zone near institutional, commercial and industrial buildings, parks, and distribution centers. Shopping centers, private schools, hospitals and other amenities are also found near the property.
Office Area:
10,112.29 square feet
Parking:
30 stalls via right of use per deed at $40 per stall per month, additional stalls available directly with parking operator
Features:
- Central A/C with four zones per floor (two zones within unit 802)
- Access controlled entry
- Key-card elevator access control
- Full back-up generator (100%)
- Fully leased with two credit-worthy tenants consisting of 6,806 & 3,997 rentable square feet respectively
- 24/7 on-site security
- Fiber-optic infrastructure & connectivity
- Fully sprinklered (100%)
- Exterior building façade naming rights for corporate branding facing the Expressway
Early Termination (GSK & FEMA leases):
- GSK has a one-time early termination option on March 31, 2020 with 120 days prior written notice to landlord (December 2, 2019)
- FEMA has an ongoing early termination option as of September 19, 2018 with 30 days prior written notice to landlord