CMBS properties in Puerto Rico
15 property records in 3 deals. Largest cities: Bayamon (3), Guaynabo (2), Caguas (2), Carolina (1), Mayaguez (1).
15Property records
$192.5MAppraised value (checked records)
3Deals
Median implied cap rate by property type
| Type | n | Median cap rate |
|---|---|---|
| Retail | 10 | 7.5% |
Largest properties by appraised value
| Property | Type | City | Appraised | Occ. | Deal |
|---|---|---|---|---|---|
| San Juan Industrial Park | Industrial | Caguas | $64.3M | 100.0% | BANK 2021-BNK36 |
| Rexco Industrial Park | Industrial | Guaynabo | $44.2M | 83.5% | BANK 2021-BNK36 |
| 505 Avenue Hostos | Retail | Mayaguez | $9.4M | 100.0% | BANK5 2026-5YR20 |
| Walgreens - Carolina | Retail | Carolina | $9.1M | 100.0% | JPMCC 2017-JP6 |
| Walgreens - Catano | Retail | Guaynabo | $8.6M | 100.0% | JPMCC 2017-JP6 |
| 1000 Avenue Ramon Luis Rivera Suite 2 | Retail | Bayamon | $8.1M | 100.0% | BANK5 2026-5YR20 |
| 100 Calle Colina Real | Retail | Toa Baja | $7.1M | 100.0% | BANK5 2026-5YR20 |
| 350 Carretera 830 | Retail | Bayamon | $7.1M | 100.0% | BANK5 2026-5YR20 |
| 550 Carretera #167 Plaza | Retail | Bayamon | $6.9M | 100.0% | BANK5 2026-5YR20 |
| 477 Carretera 3 | Retail | Humacao | $6.5M | 100.0% | BANK5 2026-5YR20 |
| 3480 Avenue Militar | Retail | Isabela | $6.3M | 100.0% | BANK5 2026-5YR20 |
| Carretera Principal #2 Kilometer 93.7 Barrio | Retail | Membrillo Camuy | $5.7M | 100.0% | BANK5 2026-5YR20 |
| 955 Carretera 891 | Retail | Corozal | $4.2M | 100.0% | BANK5 2026-5YR20 |
| 105 Carretera 31 | Retail | Naguabo | $3.9M | 100.0% | BANK5 2026-5YR20 |
| Wendy’s | Leased Fee | Caguas | $1.2M | 100.0% | BANK 2021-BNK36 |
Deals with the most Puerto Rico properties
| Deal | Filed | Records here |
|---|---|---|
| BANK5 2026-5YR20 | 2026-02-09 | 10 |
| BANK 2021-BNK36 | 2021-10-07 | 3 |
| JPMCC 2017-JP6 | 2017-06-16 | 2 |
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.