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Fully Occupied Shopping Center

1 BOULEVARD DE PALMAS, San Juan, PR 00962

For Sale
$6,200,000

The retail property is fully leased and carries a CI zoning designation.

Property Size46,015 SF
Lot Size3.01 Acres
Price / SF$134.74
Days on Market319

Property Features for 1 BOULEVARD DE PALMAS

General Information

Standard status Active
Size 46,015 SF
Total Parking Spaces 210
Lot size 3.01 Acres
Property subtype Retail
Zoning CI
Occupancy 100%

Additional Details

Asking Price $6,200,000
Tenant in Place Yes

Building Details

Building Size 46,015 SF
Year Built 1975
Tenancy Multi
Listing Agency: WINER PROPERTY GROUP
Listed By: Leon Winer · License PR #03937
Source: Puertoricohomes4sale
Added: Dec 26, 2025 Changed: Nov 7 Last Checked: Nov 8 at 5:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINER PROPERTY GROUP

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Investment Insights

Based on property information with market context.

This 46,015-square-foot shopping center was built in 1975 and is fully occupied. The site encompasses 12,192 square meters and includes 210 parking spaces. CI zoning applies to the property.

Located in Cataño, Puerto Rico, the center offers an established retail footprint with on-site parking.

Key Highlights

  • Fully occupied shopping center
  • 46,015 square feet of retail space
  • 12,192 square meters of site area

Property Analytics

Current Use

Shopping centers

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Demographics for 00962, PR

19,741
Population
9,644
Households
2
Avg Household Size
43
Median Age
18%
College-Educated
75%
High-School Grad
4.8 sq mi
ZIP Area
4,113
Density / Sq Mi
$20,134
Median Household Income
$21,636
Median Earnings
$537
Median Rent
$118,700
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 - The retail property is fully leased and carries a CI zoning designation.
Where is this shopping center located?
The property is located at 1 BOULEVARD DE PALMAS San Juan, PR.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Fully occupied shopping center; 46,015 square feet of retail space; 12,192 square meters of site area
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