Andrew D Carlson, a Puerto Rico Brokers License C-17494 in the Commonwealth of Puerto Rico, has been retained as the exclusive sales representative for the sale of Eastern Plaza (“Property”), a retail center located in Fajardo, Puerto Rico. The property is a 100% occupied, 73,816 SF neighborhood retail center offering investors durable in-place cash flow with embedded long-term upside in a supply-constrained Puerto Rico retail market. The property features a diversified tenant base with a 3.2-year WALT (10.4-year option adjusted WALT), where Los Clasificados the majority of tenants have renewal options - providing high income visibility and minimal near-term rollover risk. This structure positions the asset as a stable, bond-like investment, limiting downtime and re-leasing exposure. The opportunity is further enhanced by an attractive basis relative to replacement cost. Puerto Rico’s favorable tax environment may offer additional benefits to eligible investors, further enhancing after-tax yield.
*****See Flyer: https://acrobat.adobe.com/id/urn:aaid:sc:US:0cbac2bb-ede1-4fa8-9d9d-37444a9bbdae
Quebrada-Eastern Plaza en Fajardo - Venta, Fajardo Puerto Rico, Cuartos 0, Baños 0, Precio
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Andrew D Carlson, a Puerto Rico Brokers License C-17494 in the Commonwealth of Puerto Rico, has been retained as the exclusive sales representative for the sale of Eastern Plaza (“Property”), a retail center located in Fajardo, Puerto Rico. The property is a 100% occupied, 73,816 SF neighborhood retail center offering investors durable in-place cash flow with embedded long-term upside in a supply-constrained Puerto Rico retail market. The property features a diversified tenant base with a 3.2-year WALT (10.4-year option adjusted WALT), where Los Clasificados the majority of tenants have renewal options - providing high income visibility and minimal near-term rollover risk. This structure positions the asset as a stable, bond-like investment, limiting downtime and re-leasing exposure. The opportunity is further enhanced by an attractive basis relative to replacement cost. Puerto Rico’s favorable tax environment may offer additional benefits to eligible investors, further enhancing after-tax yield.
*****See Flyer: https://acrobat.adobe.com/id/urn:aaid:sc:US:0cbac2bb-ede1-4fa8-9d9d-37444a9bbdae
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