84% Leased Multi-Tenant Office 9 Tenants

Premium Office Investment Opportunity: Stabilized Multi-Tenant Asset in Mayagüez, Puerto Rico

This three-story, 24,908 SF multi-tenant office building is situated within Mayagüez's Western Industrial Park, a strategic commercial corridor in western Puerto Rico. With 84% occupancy and a diversified tenant base anchored by a long-term government tenant, this property offers stabilized in-place cash flow with immediate upside through 3,284 SF of available 3rd-floor space.

Location Advantages:

• Adjacent to the University of Puerto Rico — Mayagüez Campus (UPRM)
• Close proximity to Mayagüez Medical Center and Hospital Bella Vista
• Walking distance to Western Plaza and Mayagüez Mall retail centers
• Direct access to PR-2, PR-114, PR-2R, and PR-102 highway corridors

Building Specifications:

• Total Building Size: 24,908 +/- square feet (GBA)
• Rentable Area: 19,990 SF on three (3) stories
• Reinforced concrete construction
• Central Air Conditioning System and elevator
• 63 surface parking spaces
• Generator and water tank
• Urban Residential (R-B) Zoning

Property Details:

• GPS Coordinates: 18°10'6.2"N, -67°9'13.9"W
• Address: Lot B-6, Western Industrial Park, Ingenio Street, Guanajibo Ward, Mayagüez, PR

Investment Highlights:

• Stabilized 84% occupancy with 9 diversified tenants in place
• Government-affiliated anchor tenant on entire 2nd floor through August 2028
• Recent lease renewals demonstrate active rent growth and tenant retention
• Immediate value-add opportunity: 3,284 SF available on 3rd floor at market rents

Contact Information:
For more information about this investment opportunity or to schedule a tour, please contact Binswanger Puerto Rico at 787-525-4435. Edwin A. Hernández López, SIOR CCIM, Managing Director, is available to discuss the financial details and investment thesis with qualified parties.