Last updated on April 22nd, 2024

Walgreens Store #655 in Humacao

$9,166,622

121 Calle Cruz Ortiz Stella S., Humacao 00791


Documents
Building Size16,446 Square Feet
Land Size1.93 Acres
Zoning-
Year Built1999
NOI$559,164
Cap Rate6.10%

Positioned strategically in a prime location in Humacao, 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.


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