San Juan Office Building For Sale

404 ANDALUCIA San Juan 00920

Claim this Listing
For Sale
$1,850,000

Office - SAN JUAN, PR

Type:Office
Property size:
11,000 SF
Lot size:
0.70 Acres
Price / SF:
$168/SF
Added:
Dec 26, 2025
Days on Market:
198
Last Refresh:
Jul 12 at 1:06 am

Property Features for 404 ANDALUCIA

General Information

Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
062-078-076-03-001
Size
11,000 SF
Lot size
0.70 Acres

Utilities

Cooling system
Ductless, Multi Units

Building Details

Year built
1960
Building materials
Concrete
Architectural style
Other

Listing agent Leon Winer License #03937

Listing office WINER PROPERTY GROUP PO Box 190858

Listing date Dec 26, 2025

MLS# PR9118213 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This office building is available for sale and is situated on 4 properties located at 404 and 406 Andalucia, 1002 Alesia and 403 Arabia in San Juan, PR. The building has 12 office spaces and 25 parking spaces. The property generates $12,450 per month in rent. The building has a total area of 11,000 square feet and is located on a 0.7-acre lot.

Key Highlights

  • Income‑producing property generating $12,450 per month in rent
  • Comprised of 12 office spaces
  • Includes 25 parking spaces

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $231.0k $21.00
− Vacancy −$28.2k −$2.56
EGI $202.8k $18.44
− OpEx −$50.7k −$4.61
NOI $152.1k $13.83
11,000 SF · lease $21.00/SF/yr · vacancy 12.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.17M
$1.90M – $2.54M (±1% cap)
NOI $152,114 @ 7.0% cap · market cap 8.22%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$2.69M
$2.36M – $3.14M (±1% cap)
NOI $188,496 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Office building with 12 spaces and 25 parking spots.
Where is this office building located?
The property is located at 404 ANDALUCIA San Juan.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Income‑producing property generating $12,450 per month in rent; Comprised of 12 office spaces; Includes **25 parking spaces**
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