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Income-Producing Retail-Office Bldg. FOR SALE

  SOLD April 2021 for $962,500

Lots nos. S3-9, S3-10 & S3-11, State Road PR-21, Las Lomas Development, Gobernador Piñero Ward, San Juan 00921


Building Size7,937 Square Feet
Land Size1,043 Square Meters
ZoningC-1 (commercial)
Parking33
WaterYes
SewerYes
ElectricYes

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

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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