Santurce Commercial Property @ RH Todd Avenue

Property Description

The property consists of a 3,099 square meter site having a 7-story building with approximately 67,000 square feet with 65,315 square feet of leasable area. The property has 57,805 square feet already leased having only 7,510 square feet currently vacant and available for lease. The property is located in a corner location in a prime commercial area with great commercial exposure. It has a total of 508 parking stalls, and it has a development upside potential on the garage's roof with great views of San Juan and the Atlantic Ocean.

Location Description

Santurce is a vibrant and dynamic ward in San Juan, Puerto Rico, offering a rich blend of culture, convenience, and modern living. The Property is located near Marshalls Super Store, the Contemporary Art Museum, and Walmart Supercenter, offering easy access to both shopping and cultural experiences. Also, residents and visitors can explore La Placita del Mercado, a lively hub known for its nightlife, or enjoy the nearby beaches of Ocean Park. The area's proximity to Condado and Miramar Sectors further enhances its appeal, with both areas offering an eclectic mix of dining, entertainment, and beachside relaxation.

Santurce itself is a cultural hotspot, home to a diverse mix of art galleries, street murals, and music venues. The neighborhood is also known for its trendy cafes, restaurants, and shops, making it a hub for both locals and tourists alike. Residents can immerse themselves in the artistic and creative vibe of the area, while still enjoying the convenience of city living.

The immediate area boasts excellent connectivity, with quick access to key routes like RH Todd Avenue, Ponce de León Avenue, Fernández Juncos Avenue, and Kennedy Avenue, as well as State Road PR-22 making commuting and getting around the metropolitan area incredibly convenient. The area’s strategic location also provides easy access to the San Juan International Airport, making travel simple and efficient. Whether you're heading to a business meeting, exploring the city’s cultural landmarks, or spending a day at the beach, Santurce offers the perfect blend of accessibility and lifestyle.

Highlights

• Asking Price: $9,500,000 OBO
• Tax Code #'s: 040-058-515-08
• Coordinates: 18.44997228, -66.07515913
• Land Area: 3,099 Square Meters (33,357.36 Square Feet)
• Zoning: ZU-G4
• Gross Building Area: 67,000 SF within seven (7) levels
• SF of Leasable Area: 65,315
• Parking: 508 stalls
• Corner location