Plazas of Puerto Rico - Retail Portfolio
Puerto Rico Puerto Rico

Plazas of Puerto Rico - Retail Portfolio - retail for sale

555,015 ft2
Retail Sale/Purchase
Contact us for price

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 exclusively offer the opportunity to acquire Plazas of Puerto Rico (the "Portfolio"), a portfolio of four market-dominant retail centers located throughout the island of Puerto Rico. The Portfolio totals 555,016 square feet and is currently 91.3% leased to a high-quality tenant roster led by national/regional and necessity ­based retailers, including Supermercado Amigo (Walmart subsidiary), Supermercado Selectos, Walgreens, Marshalls, and National Lumber & Hardware, among others. 

Plazas of Puerto Rico offers the opportunity to acquire a portfolio of necessity-based retail centers in infill locations with long-tenured tenancy, exceptional potential NOI growth, and highly attractive risk-adjusted yields at an investment basis significantly below replacement cost. 

The Plazas of Puerto Rico is being offered as a portfolio and unencumbered of any existing financing. 

Amenities

Deal Room: 

https://www.us.jll.com/en/investorcenter/portfolio/plazas-of-puerto-rico-portfolio-puertorico-pr-unitedstates

Enter the "Deal room" for exclusive documents related to this property.

Documents and resources