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PLAZA CTRO BO BAIROA, RAFAEL CORDERO 30 Caguas PR 00725

[Locked] • APN 225-000-004-49-005

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Details
Lot SqFt 1,099,445
Acreage ******
Building Count 6
Opportunity Zone Yes
Days on Market ******
Owner Name PEPSICO PUERTO RICO,INC.
Owner Mailing Address (Full Address) ******
APN 225-000-004-49-005
USPS Vacancy Indicator N
USPS Vacancy Indicator Date 07/05/2023
Latitude 18.247413
Longitude -66.019357

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description

Jones Lang LaSalle Americas, Inc. (“JLL”) in partnership with JLL Puerto Rico Realty & Co. S en C, a Puerto Rico licensed real estate brokerage firm, is pleased to offer the opportunity to acquire Plaza Centro I, a 280,279 square foot shopping center situated on 25 acres in Caguas, Puerto Rico. The property is currently 93.6% leased to a strong roster of retailers led by Burlington, Ross Dress for Less, the IRS and Me Salve. The Property also includes five, high-profile single tenant outparcels leased to Burger King, Chili’s, Ponderosa Steakhouse, KFC, and Qdoba. The Property is shadow anchored by Plaza Centro II, a 599,409 square foot retail plaza anchored by Costco, Sam’s Club, JC Penny, PetSmart, and Planet Fitness, which are not included in the Offering.

Deal Room: https://invest.jll.com/us/en/listings/retail/plaza-centro

Investment Highlights
  • MARKET DOMINANT AND HIGH-PERFORMANCE TENANCY

  • SECURE AND STABLE CASH FLOW

  • RECENTLY EXECUTED ROSS DRESS FOR LESS LEASE

  • EXCEPTIONAL LEASING MOMENTUM

  • OUTPARCEL SPINOFF OPPORTUNITY

  • $1.7M IN RECENT CAPITAL IMPROVEMENTS

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
AC
Andrew Carlson PRO
•••.•••.5800
••••.•••lson@••.•••.com
Brokerage logo
Listing removed on
 BY:
DF
Danny Finkle
•••.•••.6544
•••••.••nkle@•••.com
Brokerage logo
Listing removed on
 BY:
JP
Jorge Portela
•••.•••.3991
•••••.•••tela@•••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Key Biscayne, FL.
Key Biscayne, FL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Key Biscayne, FL (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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