Equipped Commercial Kitchen
For Sale
$550,000
PR-837 KM 3.2 SANTA ROSA WARD SECTOR EL LLANO, San Juan, PR 00971
Commercial Sale, GUAYNABO, PRI
Property Size4,000 SF
Lot Size0.18 Acres
Price / SF$137.50
Days on Market65
Property Features for PR-837 KM 3.2 SANTA ROSA WARD SECTOR EL LLANO
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From San Juan, take PR-18 (Las Americas Expressway) toward Guaynabo and merge onto PR-22 West (Jose de Diego Expressway). Take the exit for PR-177 (Avenida Lomas Verdes) toward Guaynabo and continue until you reach PR-837. Follow PR-837 toward Barrio Santa Rosa and continue to Kilometer 3.2. The destination is located in Sector El Llano at #A69 & A68, Barrio Santa Rosa, PR-837 KM 3.2, Guaynabo, PR 00971. The drive typically takes approximately 20 to 35 minutes from San Juan, depending on traffic conditions.
Subdivision
00971 - Guaynabo
Standard status
Active
APN
114-072-787-01-852
Lot size
0.18 Acres
Utilities
Cooling system
Central Air
Amenities
security alarm system
surveillance cameras
employee kitchenette
Building Details
Year built
2003
Building materials
Concrete
Listing Agency:
REALITY REALTY
(787) 745-8777
Listed By:
Angelica Alvarez Castaneda
(787) 562-4722
Added: Jun 25
Changed: Aug 20
Last Checked: Aug 28 at 10:06PM
MLS# PR9122473
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 concrete commercial kitchen facility, built in 2003, is configured for food manufacturing and production. The first level includes a production area with two industrial carousel ovens, an industrial mixer, dough sheeter, three-phase electrical service, and two walk-in coolers. A loading dock with roll-up door supports shipping and receiving, while an alarm system and surveillance cameras provide site security features.
The second floor adds three private offices, reception space, a restroom, and an employee kitchenette. The approximately 4,000-square-foot building occupies a 756.74-square-meter lot, with on-site parking for employees and visitors. A rectification permit authorizes alcoholic-beverage production and blending, subject to all required licenses and regulatory approvals. The property is located on PR-837 in Guaynabo, Puerto Rico.
The second floor adds three private offices, reception space, a restroom, and an employee kitchenette. The approximately 4,000-square-foot building occupies a 756.74-square-meter lot, with on-site parking for employees and visitors. A rectification permit authorizes alcoholic-beverage production and blending, subject to all required licenses and regulatory approvals. The property is located on PR-837 in Guaynabo, Puerto Rico.
Key Highlights
- Approximately 4,000‑square‑foot commercial building on a 756.74‑square‑meter lot
- Two industrial carousel ovens, industrial mixer, and dough sheeter included
- Approximately 740‑square‑foot walk‑in cooler with 12‑foot ceilings
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
$29,590
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
5.38%
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%
$591,800
$591.8K
Cap Rate 7%
$422,714
$422.7K
Cap Rate 9%
$328,778
$328.8K
Market Conditions
NOI Build-Up for 4,000 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
$36.0K $9.00/SF
− Vacancy
−$1.2K −$0.30/SF
EGI
$34.8K $8.70/SF
− OpEx
−$5.2K −$1.31/SF
NOI
$29.6K $7.40/SF
Area
San Juan, PR
Vacancy
3.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
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%
$591,800
Cap Rate 7%
$422,714
Cap Rate 9%
$328,778
Alternative Uses
Best Use
Specialty Retail
$979.2K
$856.8K – $1.14M
NOI $68,544 @ 7.0% cap · market cap 12.46%
Second Best
Warehouse
$422.7K
$369.9K – $493.2K
NOI $29,590 @ 7.0% cap · market cap 5.38%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Utilities to site
Location Intelligence
Demographics for 00971, PR
28,517
Population
11,849
Households
2.4
Avg Household Size
46
Median Age
32%
College-Educated
79%
High-School Grad
16.0 sq mi
ZIP Area
1,782
Density / Sq Mi
$32,098
Median Household Income
$21,625
Median Earnings
$651
Median Rent
$161,600
Median Home Value
Market
Vacancy Rate% for Industrial in the U.S.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Food production facility with industrial equipment, refrigerated storage, loading access, offices, and permitted beverage-production capability.
Where is this commercial kitchen located?
The property is located at PR-837 KM 3.2 SANTA ROSA WARD SECTOR EL LLANO San Juan, PR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 4,000‑square‑foot commercial building on a 756.74‑square‑meter lot; Two industrial carousel ovens, industrial mixer, and dough sheeter included; Approximately 740‑square‑foot walk‑in cooler with 12‑foot ceilings
