Ref 677619

Ciudad Colegial del Este

PR-3 Km 22.1
00745 Rio Grande

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Space available68,979 ft²


Investment Property and Mixed Use Development Opportunity

On behalf of Ownership, JLL Puerto Rico Realty & Co. S en C. is proud to exclusively offer the opportunity to acquire the property Ciudad Colegial del Este located in the city of Rio Grande, Puerto Rico. The property consist of 6 buildings for a total of 68,978 SF with a lot size of 41.52 acres. Actual tenant in the property is NUC University who occupy 100% of the buildings and a land portion of 4.37 acres on a NNN Lease which is a significant advantage for the new owner, as it offers a steady stream of income. NUC is an accredited institution offering associate’s, bachelor’s, and master’s degrees in areas such as healthcare, technology, criminal law, business administration, and education. In addition to the existing structures, this opportunity also includes a proposed mixed-use development on the remaining 37.15 acres, which has received preliminary approvals and permits for site work. Please note that the property is being sold “as is, where is,” and there are no representations or warranties provided.

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