Turn-Key Office
For Sale
$299,000
Pending
995 METRO MEDICAL CENTER CLL REV DOM MARRERO, San Juan, PR 00959
Commercial Sale, BAYAMON, PRI
Property Size1,021 SF
Days on Market372
Property Features for 995 METRO MEDICAL CENTER CLL REV DOM MARRERO
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
METRO MEDICAL CENTER
Directions
Head west on PR-2 toward Bayamon/Hato Tejas. Stay on PR-2; Metro Medical Center is on this corridor. As you approach Hato Tejas, watch for the junction with PR-168 (Avenida Cementerio Nacional); this intersection is adjacent to the Metro Medical Center area. Take the right exit to the PR-2 marginal for Hato Tejas / PR-168, then follow signs for Calle Reverendo Domingo Marrero Navarro. Continue to 995 Calle Reverendo Domingo Marrero Navarro / 995 PR-2. The complex will be on your right; look for the multi-building Metro Medical Center campus fronting PR-2. Reference address for GPS: "Metro Medical Center, 995 Calle Reverendo Domingo Marrero Navarro, Bayamon 00959
Standard status
Pending
APN
15-085-014-201-38
Size
1,021 SF
Utilities
Cooling system
Central Air
Amenities
central lobby/building reception
24/7 security
men's and women's restrooms on every floor
ancillary services (food, lab, pharmacy)
Building Details
Year built
2004
Building materials
Concrete
Listing Agency:
AGUDO PROPERTIES, LLC
Listed By:
Andrea Quijada Agudo · License #18788
(787) 222-1932
Added: Sep 22, 2025
Changed: Aug 27
Last Checked: Sep 28 at 6:06AM
MLS# PR9116219
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 1,021-square-foot office unit occupies the fifth floor of Metro Medical Center and is positioned near the elevators. Its layout includes a reception area, waiting area, five private offices, a full in-unit restroom, and a break room with kitchenette that can be converted into a sixth office. Two central A/C units serve the space, and the building was constructed with concrete materials in 2004.
Metro Medical Center includes structured on-site parking, 24/7 security, a central lobby and building reception, elevators, and dedicated men’s and women’s restrooms on each floor. The professional complex is located on PR-2 in Bayamon, with connections to San Juan and Guaynabo. Food, laboratory, and pharmacy services are available on campus.
Metro Medical Center includes structured on-site parking, 24/7 security, a central lobby and building reception, elevators, and dedicated men’s and women’s restrooms on each floor. The professional complex is located on PR-2 in Bayamon, with connections to San Juan and Guaynabo. Food, laboratory, and pharmacy services are available on campus.
Key Highlights
- 1,021‑square‑foot fifth‑floor office unit near the elevators
- Reception, waiting area, and five private offices
- Full in‑unit restroom and break room with kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,119
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$282,380
$282.4K
Cap Rate 7%
$201,700
$201.7K
Cap Rate 9%
$156,878
$156.9K
Market Conditions
NOI Build-Up for 1,021 SF
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.
Gross rent
$21.4K $21.00/SF
− Vacancy
−$2.6K −$2.56/SF
EGI
$18.8K $18.44/SF
− OpEx
−$4.7K −$4.61/SF
NOI
$14.1K $13.83/SF
Area
San Juan, PR
Vacancy
12.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$282,380
Cap Rate 7%
$201,700
Cap Rate 9%
$156,878
Alternative Uses
Best Use
Office B
$201.7K
$176.5K – $235.3K
NOI $14,119 @ 7.0% cap · market cap 4.72%
Second Best
Healthcare Medical
$200.0K
$175.0K – $233.3K
NOI $13,997 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$249.9K
$218.7K – $291.6K
NOI $17,496 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Demographics for 00959, PR
43,625
Population
22,391
Households
1.9
Avg Household Size
45
Median Age
36%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
7,152
Density / Sq Mi
$31,400
Median Household Income
$22,809
Median Earnings
$666
Median Rent
$149,700
Median Home Value
Market
Vacancy Rate% for Office in San Juan, PR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fifth-floor professional office with private rooms, reception space, kitchenette, restroom, and central air conditioning.
Where is this office units located?
The property is located at 995 METRO MEDICAL CENTER CLL REV DOM MARRERO San Juan, PR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,021‑square‑foot fifth‑floor office unit near the elevators; Reception, waiting area, and five private offices; Full in‑unit restroom and break room with kitchenette
