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Listed by NEST LUX LLC
$ 4,495,000
Est. payment | /mo
22,540 SqFt
$ 4,495,000
Est. payment | /mo
22,540 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 22,540 sqft
Price per Sqft $199
MLS Listing ID PR9112942
HOA Y/N No
Year Built 1970
Lot Size 1.800 Acres
Acres 1.8
Property Sub-Type Industrial
Source Stellar MLS
Property Description
Exclusive Investment Opportunity – Concordia Shopping Center
Positioned along the high-traffic 65th Avenida Infantería and just minutes from Luis Muñoz Marín International Airport, the Concordia Shopping Center offers a rare opportunity to acquire a well-located, income-producing commercial asset in one of Puerto Rico's most active retail corridors.
This corner property features 11 commercial units, with 10 currently leased, delivering stable, recurring rental income from a diversified tenant base. Situated on 1 acre of land and encompassing 22,530 square feet of gross leasable area, the asset is fully operational, meticulously maintained, and compliant with current building and safety codes.
Key Investment Highlights:
• Prime Visibility & Access – Strategic corner location on one of the island's busiest avenues
• Strong Occupancy – 91% leased with upside potential in tenant optimization
• Stabilized Cash Flow – Immediate income with room for rental growth
• Expansion Potential – Site layout supports future redevelopment or footprint expansion
• Owner Financing Available – Flexible acquisition terms for qualified buyers
This property is ideal for institutional investors, private equity groups, or lenders seeking a high-performing commercial asset with long-term upside and low vacancy risk. Its proximity to major transportation hubs and densely populated neighborhoods further enhances its investment appeal.
For offering memorandum, rent roll, or to schedule a confidential tour, please contact us directly.
Positioned along the high-traffic 65th Avenida Infantería and just minutes from Luis Muñoz Marín International Airport, the Concordia Shopping Center offers a rare opportunity to acquire a well-located, income-producing commercial asset in one of Puerto Rico's most active retail corridors.
This corner property features 11 commercial units, with 10 currently leased, delivering stable, recurring rental income from a diversified tenant base. Situated on 1 acre of land and encompassing 22,530 square feet of gross leasable area, the asset is fully operational, meticulously maintained, and compliant with current building and safety codes.
Key Investment Highlights:
• Prime Visibility & Access – Strategic corner location on one of the island's busiest avenues
• Strong Occupancy – 91% leased with upside potential in tenant optimization
• Stabilized Cash Flow – Immediate income with room for rental growth
• Expansion Potential – Site layout supports future redevelopment or footprint expansion
• Owner Financing Available – Flexible acquisition terms for qualified buyers
This property is ideal for institutional investors, private equity groups, or lenders seeking a high-performing commercial asset with long-term upside and low vacancy risk. Its proximity to major transportation hubs and densely populated neighborhoods further enhances its investment appeal.
For offering memorandum, rent roll, or to schedule a confidential tour, please contact us directly.
Location
State PR
County San Juan
Area 00924 - San Juan
Interior
Cooling Other
Building
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Concrete,Metal Frame
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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