THREE RESTAURANT OPERATIONS @ ROOSEVELT AVENUE - FOR SALE

1013 FD Roosevelt Avenue, San Juan, PR 00920

  • For Sale $5,500,000
  • Property Type Retail - Restaurant
  • Property Size 21,600 SF
  • Lot Size 1.21 Acre
  • Date Updated Apr 17, 2024
FD Roosevelt Avenue is the main artery of the area, connecting the San Juan and Guaynabo municipalities. This unique opportunity is situated approximately 1.5 miles from the Hato Rey Central Business District. In addition, San Patricio Shopping Center with approximately 600,000 square feet of rentable space, is about 1.6 miles to the west. The critical mass of the vicinity, the presence of excellent private schools in the nearby Guaynabo Municipality as well as the abundance of high-net-worth individuals, make this a prime investment opportunity, not to be missed by forward-thinking investors.This offering refers to a prime location with three (3) restaurant operations situated on 1.21 acres, improved with 9 different structures amounting to approximately 21,600 square feet, and strategically located along the highly-transited FD Roosevelt Avenue, just less than half a mile from Plaza Las Américas, the Island's largest shopping center with a rentable area of approximately 2 million square feet. The existing improvements are fully functional and up to date with current market standards, and they provide the flexibility of serving as three (3) different restaurant operations. That being said, the site's strategic corner location having frontage to 4 different arteries as well as its C-2 zoning, allow for an eventual higher density mixed-use development, consistent with the neighborhood's strong urban nature.Each restaurant structure is available FOR LEASE as well.

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Highlights

  • Ask Price: $5,500,000
  • Coordinates: Lat: 18.41568694, Lon: -66.08035836
  • Land Area: 18 lots totaling 4,915 square meters, equivalent to 52,904.62 square feet or 1.21 acres
  • Topography: Level, at street grade
  • Zoning: C-2 (mostly), C-1, CO-1 and R-4
  • Flood Classification: AE & X
  • Construction: 9 Structures with an approximate Gross Building Area of 21,600 square feet
  • Seller is willing to evaluate the sale of the going concern.
  • Financial information available upon request.

Contacts

broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

(787) 778-7000

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable
Powered by Walk Score ®
  • City San Juan, PR
  • Neighborhood Puerto Nuevo
  • Zip Code 00920

Points of Interest

  • Parada de Taxis - Plaza Las Américas

    0.68 miles

  • Roosevelt

    1.50 miles

  • Domenech

    1.58 miles

  • Hato Rey

    1.62 miles

  • Piñero

    1.67 miles

  • Centro Médico

    1.71 miles

  • San Francisco

    1.73 miles

  • Sagrado Corazón

    1.93 miles

  • Las Lomas

    1.96 miles

  • Universidad

    2.01 miles

  • Total

    0.10 miles

  • Texaco

    0.60 miles

  • Shell

    0.94 miles

  • Gulf

    0.96 miles

  • Shell

    1.09 miles

  • Total

    1.10 miles

  • Total

    1.13 miles

  • Puma

    1.16 miles

  • Puma Kennedy

    1.16 miles

  • Puma

    1.25 miles

  • Multipiso 2

    0.57 miles

  • Multipiso 1

    0.60 miles

  • Multipiso Torre Chardón

    0.93 miles

  • Torre del Cardenal parking structure

    0.99 miles

  • Transporte Santiago JSV

    1.30 miles

  • Multipiso San Patricio Plaza

    1.69 miles

  • Valera Parking Service

    1.73 miles

  • Condominio Universitario

    1.76 miles

  • QBE Seguros

    1.97 miles

  • Estacionamiento S

    2.02 miles

  • Margaritas

    0.01 miles

  • Burritos

    0.01 miles

  • Wendy's

    0.18 miles

  • Popeyes

    0.53 miles

  • Faccio Pizza

    0.55 miles

  • La Pastisserie de France

    0.56 miles

  • Aurorita's

    0.56 miles

  • Island Ice Actitud Natural

    0.58 miles

  • Romano's Macaroni Grill

    0.58 miles

  • Marco's Pizza

    0.58 miles

  • Macy's

    0.48 miles

  • JCPenney

    0.51 miles

  • Burlington

    0.57 miles

  • Plaza Las Américas

    0.58 miles

  • Marshalls

    0.61 miles

  • Pueblo

    0.62 miles

  • Sears

    0.69 miles

  • Kmart

    0.77 miles

  • Freshmart

    0.96 miles

  • Jetson

    1.05 miles

Frequently Asked Questions

What is the lease rate for THREE RESTAURANT OPERATIONS @ ROOSEVELT AVENUE - FOR SALE?

Rental asking rate at THREE RESTAURANT OPERATIONS @ ROOSEVELT AVENUE - FOR SALE is $2,750,000.00/YR.

What is the total square footage of THREE RESTAURANT OPERATIONS @ ROOSEVELT AVENUE - FOR SALE?

THREE RESTAURANT OPERATIONS @ ROOSEVELT AVENUE - FOR SALE totals 21,600 square feet.

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Contact Listing Broker

broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

(787) 778-7000