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107 Calle Dr Veve
5,716 SF Vacant Office Building Bayamon, PR 009616105 $198,000 ($35/SF) 17.42% Cap Rate
Investment Highlights
- Near public transportation, in front of residential complex and in an up and coming area. Many incentives for new businesses
Executive Summary
Lot is 2,180 sf . Store for rent ground floor is 1,820 sf. Needs renovations. Plans for renovation available
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$12.60
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$12.60
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$36,000
|
$6.30
|
| Net Operating Income |
$36,000
|
$6.30
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $12.60 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $12.60 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $6.30 |
| Net Operating Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $6.30 |
Property Facts
Amenities
- Commuter Rail
- Metro/Subway
- Storage Space
- Natural Light
- Secure Storage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
1,820 Square feet of Retail Space Available $2,730 per month + utilities
2,000 Square feet of Office / Medical Space Available $2,667 per month + utilities
1,200 Square feet of Storage Space Available $700 per month + utilities
| Space | Size | Space Use | Condition | Available |
| Ground | 1,819 SF | Retail | Shell Space | Now |
| 2nd Floor | 2,002 SF | Office/Medical | Partial Build-Out | Now |
| Mezzanine | 1,206 SF | Industrial | - | Now |
Ground
| Size |
| 1,819 SF |
| Space Use |
| Retail |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 2,002 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Mezzanine
| Size |
| 1,206 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
Ground
| Size | 1,819 SF |
| Space Use | Retail |
| Condition | Shell Space |
| Available | Now |
1,820 Square feet of Retail Space Available $2,730 per month + utilities
2nd Floor
| Size | 2,002 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
2,000 Square feet of Office / Medical Space Available $2,667 per month + utilities
Mezzanine
| Size | 1,206 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
1,200 Square feet of Storage Space Available $700 per month + utilities
Learn More About Investing in Office Space
Presented by
Trading Places Company of Puerto Rico
107 Calle Dr Veve
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