Centro Gran Caribe Listing Details & Market Data

Reconfigurable retail spaces ranging from 1,000 sq feet up to 15,000 sq ft available for lease.  

SUMMARY

Centro Gran Caribe is located in Vega Alta, Puerto Rico, eighteen miles west of San Juan. Situated on 27.5 acres, the Property is comprised of two phases, North and South, consisting of 384,000 square feet of leasable retail space. The two phases, completed in 1987 and 1999 are among the newer their peers and have operated at >92% capacity for the past 5 years.  Connected by a climate-controlled bridge, both phases are in great physical condition. With its extraordinary tenant mix and proximity to approximately 450,000 re idents and 140,000 households, Centro Gran Caribe is the surrounding area's only enclosed mall and enjoys a dominant market leadership position.

Centro Gran Caribe is notably located along Route 2, a heavily traveled four-lane highway that connects to all major cities including San Juan. This major thoroughfare affords excellent accessibility to the Property for its densely populated area. Because of its proximity to San Juan, this region of Puerto Rico has experienced higher population growth relative to the rest of the island. Additionally, the trade area has several industrial parks, which include manufacturing operations for General Electric, Owens Illinois, El Morro Corrugated, Steris lsomedix Services and Pharmagraphics, thus driving further retail traffic.