Plaza Los Prados
Market Price
Grand Boulevard Los Prados, Caguas, Caguas 00727, Puerto Rico
164,474 sqft
Building Size
14.69 acres
Lot Area
Details:
Highlights:
- PROVEN, HIGH VOLUME TENANCY highlighted by exceptional tenant sales including Selectos (grocer) 2025 occupancy cost of 2.2% & Capri’s 2025 occupancy cost of 7.4%
- 80% OF GLA ARE NATIONAL TENANTS including Selectos,Capri, Walgreens, Wendy’s, Starbucks, Pandora, and Wingstop
- ANCHOR RENEWALS & INVESTMENT DEMONSTRATE TENANT LOYALTY with Selectos and Capri recently exercising their options + Selectos recently investing $1.0M+ into their store
- VALUE CREATION OPPORTUNITY via mark-to-market of expiring tenants with in-place rents ±18% below market
- 3 SINGLE TENANT + 2 MULTI-TENANT OUTPARCELS create spin-off opportunities including Walgreens, Wendy’s, Banco Popular, Starbucks, Taco Maker, Subway, and Wingstop
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 offer the opportunity to acquire Plaza Los Prados, a 164,474 SF grocery-anchored neighborhood center strategically located in Caguas, Puerto Rico. The property is 100% occupied and anchored by a complementary line up of national and regional tenants, including Walgreens, Selectos, and Capri, along with numerous national in-line/outparcel tenants including Pandora, Starbucks, Wendy's, Little Caesars, & Firehouse Subs.
Plaza Los Prados’ prime positioning at the only entrance to the exclusive El Valle Los Prados neighborhood provides a built-in consumer base, ensuring consistent traffic and robust tenant performance.
Deal Room: https://invest.jll.com/us/en/listings/retail/plaza-los-prados
Documents:
| Title | ||
|---|---|---|
| Plaza_Los_Prados_Teaser.pdf |
Location
Gallery
