2475 LOÍZA St

Investment Property for Sale – Anchor SeaFood Restaurant / 2475 Loíza Street, Punta Las Marías, San Juan, Puerto Rico.
Asking Price: $2,200,000.
Location: 2475 Loíza Street, Punta Las Marías, San Juan, PR.
Building Size: 7,467 sq. ft. | Lot: 1,429.08 m² (0.36 cuerdas).
Parking: Approx. 20 spaces | Zoning: CT-1 “Comercial Turístico”.
Tenant: The Little Gringo, LLC – 20-year lease at $18,000/month.
*Property Overview
Exceptional commercial opportunity in the heart of Punta Las Marías, one of the most desirable and high-traffic corridors in San Juan — just steps from Isla Verde, Ocean Park, and the beach.
This fully renovated, one-story Class B restaurant building features over 7,400 sq. ft. of prime space with modern finishes, high ceilings, glass façades, and dedicated on-site parking for 20 vehicles.
The property now presents an attractive $2.2M investment opportunity with a stable, long-term tenant in place.
*Tenant & Lease
The property is currently occupied by The Little Gringo, LLC, a fine-dining seafood concept nearing completion of its full renovation.
The operator wishes to remain as tenant under a 20-year NNN lease at $18,000/month, offering the buyer passive income with an established, experienced restaurateur in a proven location.
*Highlights
Prime location on Loíza Street—minutes from Isla Verde, Condado & Luis Muñoz Marín Airport.
7,467 sq. ft. renovated restaurant building (est. $878,000 in improvements).
CT-1 Tourist Commercial Zoning allows for multiple hospitality uses.
High visibility & steady traffic from both locals and tourists.
20 parking spaces including handicap spaces.
Solid investment with 6.5–7 cap potential and future appreciation.
*Investment Summary
Asking Price $2,200,000.
Lease Term 20 Years (NNN).
Monthly Rent $18,000.
Annual Income $216,000.
Cap Rate (approx.) ˜ 6.5