Retail
ID 721328New
Sale
Eastern Plaza
Valero Ave.
Fajardo, 00738
$10,000,000
- Space Available73,817 ft²
Andrew Carlson
Agent details

Dylan Harrison
Capital Markets Broker
Agent details
- Description
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Description
JLL Puerto Realty & Co. S en C (“JLL”), a Puerto Rico licensed real estate brokerage firm, has been retained as the exclusive sales representative for the sale of Eastern Plaza (“Property”), a retail center located in Fajardo, Puerto Rico. The property is a 100% occupied, 73,816 SF neighborhood retail center offering investors durable in-place cash flow with embedded long-term upside in a supply-constrained Puerto Rico retail market. The property features a diversified tenant base with a 3.9-year WALT (10.9-year option adjusted WALT), where the majority of tenants have renewal options - providing high income visibility and minimal near-term rollover risk. This structure positions the asset as a stable, bond-like investment, limiting downtime and re-leasing exposure. The opportunity is further enhanced by an attractive basis relative to replacement cost. Puerto Rico’s favorable tax environment may offer additional benefits to eligible investors, further enhancing after-tax yield.
Location and Transportation
Brokers
Andrew Carlson
Agent details

Dylan Harrison
Capital Markets Broker
Agent details




