Eleventh-Floor Office
1101-239 Ave Arterial Hostos, San Juan, PR 00918
For Sale
$365,000
The suite includes three permanent deeded parking spaces in Capital Center’s South Tower.
Property Size1,661 SF
Price / SF$219.75
Days on Market12
Property Features for 1101-239 Ave Arterial Hostos
General Information
Standard status
Size
Total Parking Spaces
Elevators
Additional Details
Floor
Highway Access
Property Use
Amenities
24/7 security
high-capacity infrastructure
Building Details
Abandoned
Listing Agency:
ARK REAL ESTATE
(787) 417-1111
Listed By:
Gabriela Sanz
(787) 436-7894
Source:
Exprealty
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 3:05PM
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 ARK REAL ESTATE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on the 11th floor of Capital Center’s South Tower at 1101-239 Ave Arterial Hostos, this office suite contains 1,660.97 square feet (154.30 square meters). Elevator access is available from the main corridor, and the property includes three permanent deeded parking spaces: #430, #431 and #432. Building features include 24/7 security and high-capacity infrastructure.
The property is in San Juan’s Milla de Oro area, with access to courts, banking institutions, dining and major expressways.
The property is in San Juan’s Milla de Oro area, with access to courts, banking institutions, dining and major expressways.
Key Highlights
- 1,660.97‑square‑foot office suite on the 11th floor
- Three permanent deeded parking spaces: #430, #431 and #432
- Located in Capital Center’s South Tower in the Milla de Oro area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,969
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,380
$459.4K
Cap Rate 7%
$328,129
$328.1K
Cap Rate 9%
$255,211
$255.2K
Market Conditions
NOI Build-Up for 1,661 SF
Gross rent
$34.9K $21.00/SF
− Vacancy
−$4.3K −$2.56/SF
EGI
$30.6K $18.44/SF
− OpEx
−$7.7K −$4.61/SF
NOI
$23.0K $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 Rate 5%
$459,380
Cap Rate 7%
$328,129
Cap Rate 9%
$255,211
Alternative Uses
Best Use
Office B
$328.1K
$287.1K – $382.8K
NOI $22,969 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$406.6K
$355.8K – $474.4K
NOI $28,463 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Demographics for 00918, PR
17,439
Population
10,830
Households
1.6
Avg Household Size
47
Median Age
60%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,459
Density / Sq Mi
$36,872
Median Household Income
$40,828
Median Earnings
$628
Median Rent
$216,600
Median Home Value
Market
Average Price Trend$/SF for Office Units in San Juan County, PR
Properties on Market for Office Units in San Juan County
Vacancy Rate% for Office in San Juan, PR
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes three permanent deeded parking spaces in Capital Center’s South Tower.
Where is this office unit located?
The property is located at 1101-239 Ave Arterial Hostos San Juan, PR.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1,660.97‑square‑foot office suite on the 11th floor; Three permanent deeded parking spaces: #430, #431 and #432; Located in Capital Center’s South Tower in the Milla de Oro area
