Description

Investment Opportunity: Walgreens Store #314 in Mayaguez Building Size 22,752 Square Feet Land Size 2.22 Acres Cap Rate 6.20% Positioned strategically in a prime location in Mayaguez, Puerto Rico, this store serves as an essential healthcare and retail center for its community. With a well-established presence and a trusted tenant in Walgreens, this property offers investors a stable income stream and the potential for long-term growth. This Walgreens store is an ideal investment for those seeking a secure and attractive opportunity, with a brand-new 17-year lease and consistent 10% rent increase every 5 years. Additionally, there are twelve consecutive 5-year options to renew automatically in place, ensuring long-term stability. SEE VIDEO: https://youtu.be/XGUiqfxIF7o