Contacts

Andy Carlson

Jones Lang LaSalle Puerto Rico

Property Details

Property Type Retail
Property Size 17,638 SF
Additional Rent Contact for pricing
Date Updated Jun 10, 2024

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.

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Attachments

Walgreens Portfolio PR - 10 Stores Flyer (PDF) opens in new window

Getting around

79/100
Walk Score ®

Powered by Walk Score ®

City San Juan, PR
Neighborhood Ocean Park
Zip Code 00911

Points of Interest

Parada de Taxis - Plaza Las Américas

2.30 miles
Universidad (Museo)

3.30 miles
Universidad (Plaza Universitaria)

3.31 miles
Río Piedras

3.64 miles
Cupey

4.28 miles
Centro Médico

4.35 miles
Martínez Nadal

5.16 miles
Deportivo

7.33 miles

Texaco

0.05 miles
Gulf

0.11 miles
Total

0.33 miles
Mobil

0.38 miles
Puma

0.40 miles
Shell

0.43 miles
Blink

4.47 miles
Tesla Supercharger

4.53 miles

USPS Parking

0.02 miles
Tres Palmas Puerto Rico

0.07 miles
Estacionamiento Casa Fideicomiso Benitez-Alegria

0.27 miles
Apartment Parking

0.31 miles
At Wind Chimes Car Parking

0.32 miles
Parking Iglesia San Jorge

0.40 miles
Valera

0.55 miles
Estacionamiento Universidad de Sagrado Corazón

0.59 miles
Apartamentos #511

0.75 miles
Estacionamiento del Laboratorio Clínico

0.75 miles

Mango's Cafe

0.02 miles
Belingeri

0.02 miles
CLMDO

0.04 miles
El Rincón

0.04 miles
Lelas Eatery

0.05 miles
Cocinando Suave

0.05 miles
Si no corro me pizza

0.05 miles
Mere Pescao

0.05 miles
Emot Brand Lounge

0.05 miles
KFC

0.07 miles

Chinatown and More

0.38 miles
Plaza Loíza

0.38 miles
SuperMax De Diego

0.61 miles
Bani Liquor Store and Mini-Market

0.63 miles
Supermercado Linares Vargas

0.65 miles
Pueblo

0.83 miles
Gemelos Grocery

0.85 miles
Freshmart

0.95 miles
Coco Supermarkets

0.95 miles
Plaza 26

0.98 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.