- For Sale Contact for pricing
- Property Type Retail
- Property Size 280,279 SF
- Lot Size 25.24 Acre
- Parking Spaces Avail. 1700
- Parking Ratio 6.07 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1987
- Date Updated May 22, 2025
Description
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 Plaza Centro I, a 280,279 square foot shopping center situated on 25 acres in Caguas, Puerto Rico. The property is currently 93.6% leased to a strong roster of retailers led by Burlington, Ross Dress for Less, the IRS and Me Salve. The Property also includes five, high-profile single tenant outparcels leased to Burger King, Chili’s, Ponderosa Steakhouse, KFC, and Qdoba. The Property is shadow anchored by Plaza Centro II, a 599,409 square foot retail plaza anchored by Costco, Sam’s Club, JC Penny, PetSmart, and Planet Fitness, which are not included in the Offering.
Investment highlights
MARKET DOMINANT AND HIGH-PERFORMANCE TENANCY
SECURE AND STABLE CASH FLOW
RECENTLY EXECUTED ROSS DRESS FOR LESS LEASE
EXCEPTIONAL LEASING MOMENTUM
OUTPARCEL SPINOFF OPPORTUNITY
$1.7M IN RECENT CAPITAL IMPROVEMENTS
False
Contacts
Jones Lang LaSalle Puerto Rico
Location
Located at 200 Avenue Rafael Cordero, Caguas, PR, this property is part of the Caguas neighborhood.
Jones Lang LaSalle Puerto Rico