Listing Summary
Exclusive Investment Opportunity -- Concordia Shopping Center Positioned along the high-traffic 65th Avenida Infantería and just minutes from Luis Muñoz Marín International Airport
Full Description
Exclusive Income-Producing Asset: Concordia Shopping Center
The Concordia Shopping Center is a rare investment opportunity to acquire a well-established, income-producing commercial property strategically located on the highly active $65^\text{th}$ Avenida Infantería—one of Puerto Rico's busiest retail corridors. Its position just minutes from the Luis Muñoz Marín International Airport significantly enhances its tenant and customer reach.
This corner property is a stabilized asset, featuring 11 commercial units with a strong 91% occupancy rate (10 units currently leased). This diversified tenant base delivers immediate, recurring rental income. The center spans $22,530 \text{ square feet}$ of gross leasable area on a $1 \text{ acre}$ lot.
Meticulously maintained and fully compliant with all current codes, the center is an ideal acquisition for institutional investors, private equity groups, or lenders seeking a high-performing asset with low vacancy risk. Furthermore, the site layout and zoning offer future expansion or redevelopment potential.
This offering provides stabilized cash flow, room for rental growth, and the possibility of Owner Financing for qualified buyers, solidifying it as a premier commercial investment.
Quick Glance
- Listing ID:
CL-Puerto Rico-26648
- Status:
Active
- Year Build:
1970
- Building Size:
22,540 SqFt
- Lot Size:
1.80 Acre