Lincolnshire Commons
970 Milwaukee Ave, Lincolnshire, IL, 60069, US
Descriptif
Jones Lang Lasalle Americas, Inc. (“JLL”) in partnership with JLL Puerto Rico Realty & Co. S en C, a Puerto Rico licensed real estate brokerage firm, is pleased to offer the opportunity to acquire Manatí Centro Plaza, a 115,388 SF neighborhood shopping center strategically located in the heart of Manatí, Puerto Rico. The Property is anchored by a diverse lineup of
strong-performing national and regional tenants, including Marshalls, Grand Way, and Wendy’s recently exercising renewal options offering secure, long-term income supported by NNN leases and built-in rent escalations.
The offering presents an outstanding opportunity to acquire a proven retail asset with synergistic tenant mix, embedded mark-to-market, and unmatched visibility in one of Puerto Rico’s most vibrant and high-growth commercial corridors.
Andy Carlson
Broker of Record
License #: C17494
...
Attributs
Superficie du bâtiment nette
10 720 mètres carrés
Occupation
100 %
Année de construction
2001
Superficie du terrain nette
4,7 ha
VALSE
4.2 années
Places de parking
686
Average Tenure
19.4 Years
Média
Points forts de l'investissement
- PRIME MAIN & MAIN POSITIONING - at the intersection of PR-2 and PR-149, Manatí’s primary east-west and north-south corridors, with over 1,250 SF of prominent frontage
- VALUE CREATION OPPORTUNITY - via MTM of in-place rents ~15% below market
- RECENT RENEWALS DEMONSTRATE TENANT LOYALTY - with Marshalls, Grand Way, and Wendy’s representing 42.5% of the GLA exercising their options
- PROXIMATE TO MAJOR DEMAND DRIVERS - including Doctors’ Center Hospital (3rd largest system on the island), Atenas University, Casino Alantíco Manati, and major pharmaceutical companies
- LIMITED CAPITAL REQUIREMENT - with over $925K of capital invested since 2022, including fully restored and repaved parking, facade repairs, substation maintenance, and a new generator
Contactez les courtiers
Manati Centro Plaza (0 Propriétés)
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Dernière mise à jour
May 29, 2026
