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F1 Ave El Conquistador 11,625 SF 100% Leased Retail Building Fajardo, PR 007386000 $849,000 ($73.03/SF) 9% Cap Rate



Executive Summary
Exceptional income producing commercial building located at the highly traffic intersection of Ave. Conquistador and calle 29 in Fajardo, PR. One of the municipality’s most visible and active commercial corridors at just 5.8km from El Conquistador Resor and 7km from Marina del Rey. The solidly built structure, dating back to 1939, offers five (5) independent commercial spaces all currently generating cash flow. The property sits in a strategic location with constant vehicular and pedestrian traffic, ideal for retail service, businesses offices, or mix commercial use. The land and building will be delivered free of debris, allowing the new owner to immediately enhance curb appeal, reposition tenants, or increase rents without delays or additional clean up costs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
11,625 SF
Building Class
C
Year Built
1939
Price
$849,000
Price Per SF
$73.03
Cap Rate
9%
NOI
$76,410
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
1 1
1 of 5
Videos
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Presented by
eXp Realty
F1 Ave El Conquistador
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