Building Size | 17,286 Square Feet |
Land Size | 1.6 Acres |
Zoning | - |
Cap Rate | 6.30% |
Positioned strategically in a prime location in Peñuelas, 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.
SEE VIDEO: https://youtu.be/XGUiqfxIF7o
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.