Prime Industrial Park Investment Opportunity

EXCEPTIONAL INVESTMENT OPPORTUNITY - STRONG RETURNS WITH DEVELOPMENT UPSIDE

Investment Highlights:

• 13.53% Equity IRR over 10-year hold period
• Positive Leverage of 4.21% - borrowing enhances returns significantly
• $1.07M+ Annual NOI from stabilized operations
• 90% Occupied with diversified tenant base including anchor tenant Thermo King

Location: The Cruce Davila Business Park (CDBP) located on PR Road #2 at Km 56.4. Barceloneta Puerto Rico

Video Access: https://www.youtube.com/watch?v=dWwVdVAHyjk&feature=youtu.be

Description: Premium Industrial Investment Property
Size: 220,000 Sq. Ft., Usable 178,592 Sq. Ft. Rentable
Clear Height: 27+ Feet
Loading Docks: Multiple
Land: 56 Acres Total (20 Acres Developable)
Zoning: Industrial Zoning I-1
Parking: Extensive Vehicle Parking

This premier industrial investment offers above-average returns for institutional-quality real estate in Puerto Rico's pharmaceutical and manufacturing corridor. The property features a strong existing income stream from quality tenants, with the added value creation potential of "20 developable acres" that could represent 50-100% additional value beyond current projections.

Strategic Location Benefits:

• 45 minutes to San Juan, 15 minutes to Dorado and/or Arecibo
• Close access to PR-22 expressway
• Heart of Puerto Rico's pharmaceutical manufacturing hub
• Excellent connectivity for distribution operations

Current Tenant Mix:

• Thermo King (anchor tenant - 51.6% of income)
• DotWorks Inc. (new 5-year lease) Hight Teck
• Freedom Forever (new 5-year lease) Solar Company
• Additional quality tenants with stable lease terms
• Strong lease rollover assumptions with renewal rates 75-90%

Exceptional Infrastructure:
A) 2 wells: Deep artesian well (1,800 ft) primary source + shallow backup well (460 ft) with 100,000 gal/day extraction permits
B) Dual 7,500 KVA electrical transformers with 38,000V transmission line
C) 1,000,000 gallons fire protection storage with dual diesel pumps and comprehensive sprinkler systems
D) 1.5 million gallon storm water retention basin with underground injection permits
E) Full-scale waste water treatment plant with 350,000 gal equalization tank
F) Available laboratory facilities and office space
G) 20+ acres prime developable land** for expansion, renewable energy, or additional income generation

Investment Summary:
This property delivers strong current returns while offering significant value creation through development of unused land. The combination of stable industrial income and development potential makes this an exceptional opportunity for investors seeking above-market returns in Puerto Rico's growing industrial sector.

Contact Information:
For more information or to schedule a property tour, please contact:

Edwin Hernandez, SIOR CCIM
Binswanger Puerto Rico LLC
Managing Director
C: 787.525.4435
edhernandez27@ccim.net

Lic. E-324