Commercial Develmnt @ Bellas Artes, Guaynabo

Property Description
Corner development site located at the intersection of PR-199 (Las Cumbres Avenue) and PR-169 in Los Frailes, Guaynabo. The property consists of approximately 12,659.58 SM of land and is zoned C-3-T and R-5-T, offering flexibility for commercial, office, residential, or mixed-use development concepts.

The site benefits from strong frontage and visibility along two major arterial roads, along with direct access to PR-20 (Martínez Nadal Expressway), one of the primary transportation corridors in the San Juan metropolitan area. This location supports efficient connectivity to San Juan, Bayamón, Trujillo Alto, and surrounding municipalities.

PR-199 serves as a key east–west connector linking Trujillo Alto, San Juan, and Guaynabo, while PR-169 provides direct access north toward Plaza Guaynabo and surrounding commercial corridors. Together, these roadways position the property within a highly active and accessible metro network.

The immediate area includes established residential communities such as Mansiones de Guaynabo, Colinas Metropolitanas, Las Reales, Monte Bello, Oasis Gardens, and Villa Lissette, along with additional residential density near PR-20 including Highland Park, Parkville, El Álamo, and Santa Paula.

Retail and commercial activity is anchored by nearby destinations including Plaza Real, Plazoleta 169, and the regional retail hub Plaza Guaynabo. Additional nearby retail includes Los Jardines Shopping Center, Pueblo supermarket, and Jardines Reales anchored by Walgreens.

Institutional and service uses in the area include the Guaynabo Fine Arts Center, municipal government facilities, Guaynabo Medical Mall, Professional Hospital, and nearby private schools, reinforcing consistent daytime activity and long-term demand drivers.

Location Description
The property is located in the Los Frailes sector of Guaynabo, a well-established and centrally positioned metro submarket characterized by strong residential density, active commercial corridors, and institutional presence.

The site offers immediate access to PR-199 and PR-169, with direct connectivity to PR-20 (Martínez Nadal Expressway), enabling efficient travel throughout the San Juan metropolitan area. This central positioning provides strong accessibility to key employment centers, retail destinations, and surrounding municipalities. Over half a million square feet of retail space in the immediate vicinity.

Guaynabo has the highest median household income in Puerto Rico and ranks #1 in per capita income islandwide, reflecting a concentration of high-income households and strong consumer purchasing power. With approximately 89,000 residents and a population density of roughly 3,000 residents per square mile, the municipality represents one of the island's strongest retail markets, supporting premium brands, higher-ticket concepts, drive-thru operators, and fast-casual dining concepts.

The surrounding trade area includes major retail and lifestyle destinations such as San Patricio Plaza, along with multiple neighborhood shopping centers, dining options, schools, and government services. The area continues to benefit from sustained commercial activity and established population density, supporting long-term development demand.

Highlights
12,659.58 SM | 3.12 Acres | 3.22 Cuerdas corner development site
Intersection of PR-199 (Las Cumbres Avenue) & PR-169
Zoning: C-3-T (high-density commercial tourist) and R-5-T (high-density residential tourist)
Strong visibility and dual frontage on major arterials
Direct access to PR-20 (Martínez Nadal Expressway)
Central Guaynabo metro location
Surrounded by established residential communities
Near Plaza Guaynabo, Plazoleta 169, and Plaza Real
Close to institutional, medical, and educational uses
Suitable for commercial, office, residential, or mixed-use development
Tax Code Numbers: 114-033-023-64-000 and 114-033-023-32-000
Coordinates: Lat: 18.36212417, Lon: -66.11048027
Flood Classification: X (non-floodable)