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Sale
office
Ref 675888
Metro Medical Center Tower A - 7th Floor
Metro Medical Center Tower A - 7th Floor PR-2 KM 12.3
00959 Bayamón
Please contact us
Space available8,427 ft² (approx. 78 desks)
Description
CALL FOR OFFERS: Offers due September 22, 2023 by 5:00 pm EST
Strategic Location
Social Security Administration Office is located in Metro Medical Center in Bayamon, a strong sub market directly on PR-2.
Premier Tenant
SSA/GSA Social Security Administration
Fee simple
Social Security Administration renewal term of five years in place (untill 2027) with strong history of renewal since 2009. 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
Transaction Guidelines
Please note the following guidelines for submitting offers:
- Deadline: Offers must be submitted by 5:00 pm EST on or before September 15th, 2023, in adherence to the specifications outlined below.
- Property Tours: Pre-offer property tours are available by appointment only. Kindly provide a 48-hour notice for tour requests.
- Due Diligence: For any inquiries regarding additional due diligence, please direct your questions to Tom.Provost@jll.com prior to the offer deadline. Please note that an NDA is required to access the Offering Memorandum (OM) and any other relevant information or to arrange a property tour. Once the NDA is completed and signed, please send it to Puerto.Rico@jll.com. We will provide access to the Due Diligence folder.
- Seller's Rights: The seller retains the right to accept or reject any and all offers for any reason, accept offers prior to the deadline, remove the property from the market, and call for best and final offers after receiving initial offers.