Contacts
Annelise Figueroa
Two20 Group
CCIM
Property Details
- Property Type Retail - Retail (Other)
- Property Size 112,539 SF
- Additional Rent $30.00/SF/YR
- # of Floors 2
- Parking Spaces Avail. 685
- Parking Ratio 6.09 / 1,000 SF
- Property Tenancy Multi-Tenant
- Date Updated Jun 2, 2023
PASEO CARIBE COMMERCIAL | Retail, F&B, and Office Spaces for Lease
Paseo Caribe is a mixed-use development located in the Condado neighborhood of San Juan. The development includes luxury condominiums, a hotel, and office, retail and dining options. It is situated on a prime waterfront location, offering panoramic views of the Atlantic Ocean and the Condado skyline.
- Spaces from 223 SF to 7083 SF available
- Base Rent: $30 /SF (3.5% annual escalation)
- OPEX: $15 /SF
- Tenant improvements Allowance: $10 /SF
- Rent Includes water, taxes, insurance, common area maintenance, & security
- Electricity and internet independent by tenant
- Central Chilled A/C
- Full Capacity Power Generator
- Emergency Water Tank
- Sprinkler System
- Fiber Optic infrastructure
- Minimum lease term: 3 years
- Parking Allocation: 6:1,000
- On-site Parking for $100 per space per month.
- Visitor Parking available for an hourly rate.
- Located on #15 Muñoz Rivera Ave., San Juan, PR
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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69/100
Walk Score ®
Location
- City San Juan, PR
- Neighborhood Puerto de Tierra
- Zip Code 00901
Points of Interest
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Parada de Taxis - Plaza Las Américas
2.84 miles
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Universidad (Plaza Universitaria)
4.60 miles
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Universidad (Museo)
4.61 miles
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Río Piedras
4.89 miles
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Centro Médico
4.93 miles
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Martínez Nadal
5.00 miles
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Cupey
5.19 miles
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Deportivo
6.26 miles
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Total
0.49 miles
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Mobil
0.69 miles
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Texaco
0.75 miles
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Gulf
0.83 miles
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Ecomaxx
1.06 miles
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Puma
1.09 miles
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Tesla Supercharger
3.91 miles
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Blink
3.93 miles
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Miramar Living Paking
0.40 miles
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Olimpo Court Hotel Parking
0.41 miles
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Casita Miramar Parking
0.42 miles
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Ashford 1019 Lot
0.50 miles
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Estacionamiento de La Hacienda
0.51 miles
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APS Faculty Parking
0.53 miles
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Condominio Union Parking Space
0.61 miles
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Estacionamiento Conservatorio de Música
0.70 miles
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Lote Oeste
0.73 miles
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Lote Este
0.75 miles
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Fogo de Chao
0.03 miles
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Piña Colada Club
0.07 miles
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Lemongrass
0.09 miles
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Piola
0.11 miles
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Morton's The Steakhouse
0.15 miles
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Rustica Ristorante
0.15 miles
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Palmeras Restaurant
0.16 miles
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Atlantico Pool Bar and Grill
0.17 miles
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Sizzler
0.25 miles
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Viva San Juan
0.28 miles
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Pueblo
0.45 miles
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La Hacienda
0.50 miles
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Supermercado Salazar
0.67 miles
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Lalo Cash+Carry
0.74 miles
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El Grillón Cash & Carry
0.86 miles
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Placita La 15
0.87 miles
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Marshalls
0.93 miles
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Oriental Market, Inc.
1.12 miles
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Freshmart
1.21 miles
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Walmart Supercenter
1.21 miles
15 Av. Luis Muñoz Rivera Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 15 Av. Luis Muñoz Rivera is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
For car-travelling customers, 15 Av. Luis Muñoz Rivera has a parking ratio of 6.09 / 1,000 SF, offering 685 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Puerto de Tierra is 41. The average household income here is $27,926 per year.
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.
Contact Listing Broker
Annelise Figueroa
Two20 Group
CCIM
