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Metro Medical Center PR-2 KM 12.3 Office Building Bayamon, PR 00959 For Sale 8% Cap Rate

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EXECUTIVE SUMMARY

Strategic Location
Social Security Administration Office is located in Metro Medical Center in Bayamon, a strong sub market directly on PR-2.
Premier Tenant
GSA Social Security Administration
Fee simple
Social Security Administration renewal term of five years in place with strong history of renewal since 2007. Professional property management in place.

Space - Suite 701, 702, 703 (Tower A)
NOI Year 1 - $200,000+
Cap Rate - 8%
Lease Term - 5 years remaining

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Cap Rate
8%
Tenancy
Single
Typical Floor Size
8,428 SF

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Social Security Administration
  • Public Administration
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Social Security Administration Public Administration - - -
  • Listing ID: 29488365

  • Date on Market: 9/11/2023

  • Last Updated:

  • Address: PR-2 KM 12.3, Bayamon, PR 00959

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