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Fully Leased Neighborhood Shopping Center

Avenida Valero, Valle Verde, PR 00738

For Sale
$8,650,000

Commercial Sale, Fajardo, PRI

Property Size73,816 SF
Lot Size7.97 Acres
Price / SF$117.18
Days on Market99

Property Features for Avenida Valero

General Information

Property type Commercial Sale
Property subtype Retail
Standard status Active
APN 12108339401001
Size 73,816 SF
Lot size 7.97 Acres

Building Details

Floors in Building 1
Listing Agency: THEi Commercial Real Estate
Listed By: Andy Carlson
Added: Aug 3 Changed: Oct 22 Last Checked: Nov 9 at 8:06PM
MLS# PR889800

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

Rey
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Investment Insights

Based on property information with market context.

Eastern Plaza is a 73,816-square-foot neighborhood shopping center at Avenida Valero in Fajardo, Puerto Rico. The property is fully leased to six tenants, including Pep Boys, West Marine, Rooms To Go, the Social Security Agency, Cenote Restaurant, and Popeyes. The tenant roster spans automotive, marine, home furnishings, government services, and food service uses.

The center has a 3.2-year WALT, extending to 10.4 years on an option-adjusted basis. Most occupants have renewal options, limiting near-term rollover exposure. Situated in Fajardo, the property serves local demand within a coastal market that also benefits from tourism-related traffic.

Key Highlights

  • 73,816‑square‑foot neighborhood shopping center in Fajardo, Puerto Rico
  • 100% leased to 6 tenants
  • 3.2‑year WALT; 10.4‑year option‑adjusted WALT

Property Analytics

Current Use

Shopping centers

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Demographics for 00738, PR

30,706
Population
17,735
Households
1.7
Avg Household Size
45
Median Age
30%
College-Educated
85%
High-School Grad
29.6 sq mi
ZIP Area
1,037
Density / Sq Mi
$25,365
Median Household Income
$18,594
Median Earnings
$617
Median Rent
$118,800
Median Home Value

Market

Vacancy Rate% for Retail in the U.S.

6.4% 2019
7.2% 2020
6.5% 2021
5.6% 2022
5.3% 2023
5.3% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - Occupied retail center with six tenants and a diversified mix of service, restaurant, marine, automotive, and home-furnishing uses.
Where is this shopping center located?
The property is located at Avenida Valero Valle Verde, PR.
What is the asking price?
The asking price for this property is $8,650,000.
What are key features of this property?
This property features: 73,816‑square‑foot neighborhood shopping center in Fajardo, Puerto Rico; 100% leased to 6 tenants; 3.2‑year WALT; 10.4‑year option‑adjusted WALT
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