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107 Calle Dr Veve

5,716 SF Vacant Office Building Bayamon, PR 009616105 $281,582 CAD ($49 CAD/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

Great Investment, Up and Coming Area!
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 (CAD) Annual Per SF (CAD)
Gross Rental Income $102,393 $17.91
Other Income - -
Vacancy Loss - -
Effective Gross Income $102,393 $17.91
Taxes - -
Operating Expenses - -
Total Expenses $51,197 $8.96
Net Operating Income $51,197 $8.96

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $102,393
Annual Per SF $17.91
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $102,393
Annual Per SF $17.91
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $51,197
Annual Per SF $8.96
Net Operating Income (CAD)
Annual $51,197
Annual Per SF $8.96

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,716 SF
Building Class
C
Year Built
1971
Price
$281,582 CAD
Price Per SF
$49 CAD
Cap Rate
17.42%
NOI
$49,063 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,905 SF
Building FAR
2.65
Lot Size
0.05 AC

Amenities

  • Commuter Rail
  • Metro/Subway
  • Storage Space
  • Natural Light
  • Secure Storage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 1,819 SF
  • Retail
  • Shell Space
  • Now

1,820 Square feet of Retail Space Available $2,730 per month + utilities

  • 2nd Floor
  • 2,002 SF
  • Office/Medical
  • Partial Build-Out
  • Now

2,000 Square feet of Office / Medical Space Available $2,667 per month + utilities

  • Mezzanine
  • 1,206 SF
  • Industrial
  • -
  • Now

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

  • Listing ID: 32594888

  • Date on Market: 2024-07-26

  • Last Updated:

  • Address: 107 Calle Dr Veve, Bayamon, PR 009616105

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