Walgreens NNN Property For Sale — Bayamón, PR · 15,660 SF
Bayamón, PR
This Walgreens property offers an exceptional investment opportunity in Bayamón, Puerto Rico, a vibrant municipality within the San Juan metropolitan area. The tenant has successfully operated at this location since 2015 under an absolute triple net lease, ensuring no landlord responsibilities. The lease extends through August 2040, providing over 15 years of remaining term. The 15,660-square-foot building is strategically positioned minutes from PR-167, a major thoroughfare, and benefits from limited national pharmacy competition in the surrounding area. The location is further enhanced by its proximity to a strong mix of national retailers including The Home Depot, Burlington, PetSmart, Planet Fitness, Marshalls, and Sherwin-Williams, driving consistent consumer traffic. Situated less t…
- Address: Bayamón, PR
- Asking price $10.20M
- 7.00% cap rate
- NOI $714,000
- 13.9 years remaining
- NNN lease
- Year built: 2015
- Building size: 15,660 SF
- Lot size: 2.80 acres
- Lease expiration: Aug 31, 2040
- Rent increases: Flat
- Guarantor: Corporate
Location
This Walgreens property is in Bayamón, Puerto Rico.
Asset type: Retail