Plaza Los Prados
6WR+3QV Grand Blvd Caguas, PR
15.280 m²
Beschreibung
JLL Puerto Rico Realty & Co., S. En C., (Puerto Rico Real Estate Company License E-297), in cooperation with JLL Americas, is pleased to offer the opportunity to acquire Plaza Cayey and Plaza Walmart, collectively know as the Walmart Puerto Rico Portfolio. The Portfolio features two market-dominant retail centers, currently 97.4% leased, offering investors immediate, durable cash flow with significant growth potential. The Walmart Puerto Rico Portfolio offers the opportunity to acquire Plaza Cayey and Plaza Walmart individually or on a portfolio basis.
Plaza Cayey is a premier regionally dominant shopping center situated in Cayey, Puerto Rico and features a diverse line up of national tenants including a high performing 186,000 square foot ground leased Walmart with over 25-years of tenure and 60-years of renewal options.
Plaza Walmart is a leading center positioned in the historical coastal Guayama region featuring a high performing Walmart. The property has been recently repositioned by current ownership, adding a brand new outparcel pad leased to Chick-fil-A and executing over 19,000 square feet of new inline leasing. Plaza Walmart features immediate upside via the lease-up of 5,500 square feet, along with long-term income security and durability via the high trafficked and tenured Walmart.
The Walmart Puerto Rico Portfolio offers the opportunity to acquire, on a portfolio or individual basis, two necessity-based retail centers in infill locations with long-tenured tenancy, robust NOI growth via mark-to-market and lease up, and highly attractive risk-adjusted yields at an investment basis significantly below replacement cost.
Broker of Record - Andy Carlson
License #: C17194
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Eigenschaften
Gebäudefläche netto
44.426 m²
Vermietungsstand
97,4 %
Grundstücksfläche netto
17,48 Hektar
Average Tenure
23.5 Years
National Tenancy GLA
87.4
Year-10 CAGR
3.4
Walmart Puerto Rico Portfolio (2 Objekte)
Walmart Puerto Rico Portfolio (2 Objekte)
Medien
Investment-Highlights
- 65.5% of the portfolio GLA is leased to Walmart, which carries an investment grade credit rating of AA
- Walmart provides shop tenants with consistent foot traffic aiding in customer activity and sales performance
- Seven outparcels within the portfolio, with six out of the seven being name brand national tenants, offering secure and stable cash flows with spin-off opportunities
- Recent asset repositioning, including a new Planet Fitness & Chick-fil-A, enhance credit quality, foot traffic, and create an opportunity to further improve the tenant line up with name brand national tenants
- Significant value creation with over 61% of inline GLA below market allowing for a 4.5% year-5 and 3.3% year-10 CAGR
- Priced significantly below replacement cost, creating highly favorable risk adjusted returns
Ihre Ansprechpartner
JLL kann Sie bei der Finanzierung und Verwaltung Ihres Portfolios unterstützen. Kontaktieren Sie uns noch heute, damit wir gemeinsam Ihre Ambitionen verwirklichen können.
Zuletzt aktualisiert
Jun 2, 2026
