1405 Ashford Ave. & Manuel R. Serra St., San Juan, San Juan, PR

Property Description

HIGHEST & BEST USE - NEW QUICK SERVICE RESTAURANT OR REDEVELOPMENT

Prime commercial location at the corner of Ashford Avenue and Manuel Rodriguez Serra Street in Condado, San Juan, Puerto Rico. This 1,050-square-meter parcel features a stand-alone building of approximately 4,000 square feet, including drive-through facilities and eight dedicated parking spaces. QSR operated under a triple net lease for the past 50 years from this property now in the open market. With its unbeatable visibility, accessibility, and location, this commercial land and building offer a truly unique opportunity for stable investment and potential redevelopment right in the heart of Ashford Avenue in Condado, one of Puerto Rico’s most vibrant commercial and touristic corridors with expected future growth.

Location Description

1405 Ashford Avenue is strategically located at the highly visible northeast corner of Ashford Avenue and Manuel Rodriguez Serra Street in Condado, within the North Santurce Ward of San Juan, Puerto Rico. Ashford Avenue is one of Puerto Rico’s most iconic and active thoroughfares, serving both a strong local community and a steady flow of tourists. The area is home to prestigious institutions and popular destinations, including Ashford Community Hospital, St. John’s School, Robinson School, AC Hotel by Marriott, Condado Vanderbilt Hotel, La Concha Resort, and a wide variety of restaurants such as Antonio’s, Sobao, Cayo Caribe, Via Appia, Burrito Social, and STK Steakhouse. The property's location ensures exceptional pedestrian and vehicular traffic, driving both walk-in and drive-thru business.