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A-NNN Leased Retail Portfolio in Puerto Rico

Market Price

1963 Calle Loíza, San Juan, PR 00911, Puerto Rico

Active
Last Updated: 10/24/2024

17,638 sqft

Building Size

17.29 sqft

Lot Area

Details:
Building Size:    17,638 sqft
Lot Area:    17.29 sqft
Occupancy:    100%
Tenancy:    Single
Lease Expire Year:    10/19/2040
Description:

We are excited to present an exceptional investment opportunity—a portfolio of 10 Absolute NNN Leased Walgreens locations in Puerto Rico available as single or multiple units. These fully operational properties are strategically positioned across the Island, serving as essential healthcare and retail centers for their respective communities. With a well-established presence, prime locations, and a trusted tenant in Walgreens, this portfolio offers investors a stable income stream and the potential for long-term growth.

As a nationally recognized retail pharmacy chain, Walgreens has successfully capitalized on Puerto Rico’s growing demand for healthcare. With a solid customer base and favorable market dynamics, these locations have proven their resilience and stability. This portfolio of 10 Absolute NNN Leased Walgreens locations in Puerto Rico is an ideal investment for those seeking a secure and attractive investment with stable long term income due to having brand new 17-year leases with 10% increases every 5-years and twelve consecutive 5-year options to renew automatically in place. The underlying real estate is prime and in most cases are located on pin corners with signalize intersections that will retain long term value.

Map:
Documents:
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Walgreens_Portfolio_PR_-_10_Stores_Flyer.pdf
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Location
Gallery