Carolina, PR Commercial Real Estate for Lease and Sale

Explore 15 listings of Carolina commercial real estate for lease and for sale to find the best space for your business.

FTZ 63,400 SF Warehouse

Martin Gonzalez Industrial Park, Urb. Loma Alta, Carolina, PR
Property

Industrial

63,400 SF
Availability

3 Spaces

114,100 SF
For Lease

$8.06/SF/YR
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La Ceramica Industrial Park Lot 1C - FOR LEASE

Cll Gildita, Urb. Eduardo J. Saldana, Carolina, PR
Property

Industrial

112,887 SF
Availability

2 Spaces

37,245 SF
Year Built

1971
For Lease Contact for pricing
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Sabana Gardens Industrial Park, Lot 1-5A - FOR LEASE

Sabana Gardens Industrial Park, Sabana Gardens, Carolina, PR
Property

Industrial

107,481 SF
Availability

2 Spaces

50,534 SF
Year Built

1976
For Lease

$8.00 - $16.00/SF/YR
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Victoria Industrial Park Lot VIP 1 - FOR LEASE

PR-887, Urb. Loma Alta, Carolina, PR
Property

Industrial

117,450 SF
Availability

3 Spaces

54,610 SF
Year Built

1972
For Lease Contact for pricing
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The Fortress Industrial Park - Annex #2 - FOR LEASE

San Marcos Ave & Enrique Vazquez St., Urb. Villa Carolina, Carolina, PR
Property

Industrial

37,577 SF
Availability

2 Spaces

12,885 SF
For Lease

$9.00/SF/YR
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The Fortress Industrial Park - Building #2 - FOR LEASE

San Marcos Ave & Enrique Vazquez St., Urb. Villa Carolina, Carolina, PR
Property

Industrial

196,243 SF
Availability

12 Spaces

60,934 SF
For Lease

$9.00 - $15.00/SF/YR
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La Ceramica Industrial Park Lot 5-B1 - FOR LEASE

Cll Gildita, Urb. Eduardo J. Saldana, Carolina, PR
Property

Industrial

178,184 SF
Availability

1 Space

2,500 SF
Year Built

1973
For Lease

$10.00/SF/YR
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2nd Level Spaces at Prime Location within the Carolina Town Core FOR LEASE

Lot 108, Muñoz Rivera Street, Pueblo Ward, Urb. Villa Carolina, Carolina, PR
Property

Office

4,930 SF
Availability

2 Spaces

4,930 SF
For Lease

$5.40 - $13.50/SF/YR
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Victoria Industrial Park Lot VIP 2 - FOR LEASE

PR-887, Urb. Loma Alta, Carolina, PR
Property

Industrial

98,098 SF
Availability

1 Space

8,060 SF
Year Built

1973
For Lease

$8.00/SF/YR
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Upside Potential Industrial Warehouse @ Barreras Industrial Park - FOR SALE

State Road PR-181, Km.1.8, Barreras Industrial Park, Berwind Estate, Trujillo Alto, PR
Property

Industrial

79,196 SF
For Sale

$4,995,000
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Income Producing Mixed-Use Portfolio in Río Piedras

Income Producing Mixed-Use Portfolio in Río Piedras, Ubarri, San Juan, PR
Property

Multi-Family

44,865 SF
For Sale

$4,545,000
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Golden Mile - Hato Rey Commercial Building - FOR SALE/LEASE

1058 Av. Luis Muñoz Rivera, Urb. Hyde Park, San Juan, PR
Property

Office

98,227 SF
For Sale

$8,800,000
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Golden Mile - Hato Rey Commercial Building - FOR SALE/LEASE

1058 Av. Luis Muñoz Rivera, Urb. Hyde Park, San Juan, PR
Property

Office

98,227 SF
Availability

1 Space

98,227 SF
For Lease Contact for pricing
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Hato Rey Commercial Building

No. 1 Mayaguez Street, Residencial Quintana, Hato Rey, PR
Property

Office

4,030 SF
For Sale

Call for Information
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Eduarto Barreras Martinez Building

602 Barbosa Ave. San Juan, Floral Park, San Juan, PR
Property

Office

77,400 SF
Availability Contact for availability
Year Built

1960
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Carolina commercial real estate market incorporates 4,930 square feet of office space across 2 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Carolina market, there is a total of 937,554 square feet of industrial property.

The listing inventory in Carolina incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Carolina is represented by Industrial space, which accounts for 367,102 square feet of available listings. Office space available in Carolina adds up to 4,930 square feet.

Meanwhile, most of the listings of commercial property for sale in Carolina are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Carolina is $8.58 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Carolina can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Carolina, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Carolina is in the Urb. Villa Carolina neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Urb. Villa Carolina area.

Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Urb. Villa Carolina.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $9 per square foot. In particular, the property type commanding the highest lease rates in Carolina was Industrial space.

The average size of a commercial property in Carolina depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Carolina, the average size of an office property is 4,930 square feet.
Industrial space in Carolina is in buildings that are, on average 78,130 square feet in size.

Carolina, PR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Carolina currently add up to 372,032 square feet. The market offers 2 active office listing(s), which amount to 4,930 square feet and account for 14% of commercial spaces on the market. Industrial space for rent opportunities in Carolina amount to 367,102 square feet across a total of 12 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	4,930
Industrial	12	367,102

Carolina, PR Commercial Real Estate for Lease and Sale

FTZ 63,400 SF Warehouse

La Ceramica Industrial Park Lot 1C - FOR LEASE

Sabana Gardens Industrial Park, Lot 1-5A - FOR LEASE

Victoria Industrial Park Lot VIP 1 - FOR LEASE

The Fortress Industrial Park - Annex #2 - FOR LEASE

The Fortress Industrial Park - Building #2 - FOR LEASE

La Ceramica Industrial Park Lot 5-B1 - FOR LEASE

2nd Level Spaces at Prime Location within the Carolina Town Core FOR LEASE

Victoria Industrial Park Lot VIP 2 - FOR LEASE

Upside Potential Industrial Warehouse @ Barreras Industrial Park - FOR SALE

Income Producing Mixed-Use Portfolio in Río Piedras

Golden Mile - Hato Rey Commercial Building - FOR SALE/LEASE

Golden Mile - Hato Rey Commercial Building - FOR SALE/LEASE

Hato Rey Commercial Building

Eduarto Barreras Martinez Building

Frequently Asked Questions

Carolina, PR Currently Available Listings

Commercial Space for Lease Breakdown

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Carolina, PR Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Carolina, PR?

What factors affect the price of commercial real estate in Carolina, PR?

What is the average rent for commercial space in Carolina, PR?

What are the best areas for commercial real estate in Carolina, PR?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Carolina, PR?

Carolina, PR Currently Available Listings

Commercial Space for Lease Breakdown

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