Contacts
THEi Commercial Real Estate
CRRP, CRX, CSM, CLS
Property Details
- Property Type Retail - Neighborhood Center
- Property Size 73,816 SF
- Lot Size 6.72 Acre
- Cap Rate % 9.5
- Property Tenancy Multi-Tenant
- Date Updated Sep 3, 2026
Eastern Plaza – 100% Leased, High-Yield Retail Center in Fajardo, Puerto Rico
Eastern Plaza is a fully occupied, 73,816 SF neighborhood retail center anchored by national tenants including Pep Boys, West Marine, Rooms To Go, Social Security Agency, Cenote Restaurant, and Popeyes. This property offers investors stable, in-place cash flow with long-term upside in a supply-constrained Puerto Rico retail market.
Investment Highlights:
- $8,650,000 Asking Price | 9.5% Cap Rate | $117/SF
- 100% leased to 6 tenants with a 3.2-year WALT (10.4-year option-adjusted WALT)
- Minimal near-term rollover risk; most tenants have renewal options
- Attractive basis vs. replacement cost (~$300/SF)
- Favorable Act 60 tax advantages for eligible investors
- Located in Fajardo, a dynamic coastal destination with strong local demand and tourism-driven traffic
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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66/100
Walk Score ®
Location
- City Fajardo, PR
- Neighborhood Fajardo
- Zip Code 00738
Points of Interest
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Puma
0.12 miles
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Total
1.30 miles
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Shell
2.60 miles
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Texaco
6.39 miles
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Plaza Fajardo
0.18 miles
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Estacionamiento Charca Angelito
5.10 miles
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Puente Roto Day Use Area
5.22 miles
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Estacionamiento Charco Frío y Las Tinajas
6.21 miles
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La Coca
6.72 miles
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Mt. Britton Trail
8.41 miles
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Tradewinds Trail
8.49 miles
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Río Sabana Recreation Area (alternate parking)
9.70 miles
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Río Sabana Recreation Area
9.71 miles
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Tijuana's Bar & Grill
0.03 miles
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McDonald's
0.05 miles
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KFC
0.16 miles
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Ponderosa Steakhouse
0.16 miles
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William's Pizza
0.19 miles
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Pollo Tropical
0.20 miles
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Metropol
0.23 miles
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Gaby Mini Donas
0.28 miles
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Wendy's
0.28 miles
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Sizzler
0.32 miles
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Econo
0.18 miles
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Walmart
0.30 miles
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Ralph's Food Warehouse
1.52 miles
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Amigo
3.72 miles
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Supermercados Famcoop
8.15 miles
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Colmado Maizales
9.78 miles
THEi Commercial Real Estate
CRRP, CRX, CSM, CLS