Rexville Plaza- Las Piedras, Puerto Rico
Rexville is optimally located in close proximity to the trade area’s residential communities. Maximum visibility is enjoyed with over 800 linear feet of frontage along Comerio Avenue (State Road 167) and 215 feet along Cumbras Avenue (State Road 199). Comerio Avenue is an important secondary artery with heavy commercial exposure, and connects the municipalities of Bayamon and Catano with the southern municipalities of Naranjito and Comerio. The Property is optimally located on the existing roadway network on the “going home” side of Comerio Avenue’s intersection with State Road 199.
Project Description
The Property is primarily shopped by middle income patrons whom live within several miles of the Property. Rexville Plaza has historically served as this area’s primary community center offering the needed solid mix of convenience and destination oriented goods. As a result of this history, the Property enjoys a strong loyalty base among shoppers located in its primary trade area. Rexville Plaza is a community oriented center located in an incredibly dense “in-fill” area containing more than 350,000 people in a five mile radius surrounding the Property. Many residential developments fall within the Property’s five-mile primary trade area. These developments are located south of State Road 167 and north of State Road 199. The secondary trade area includes the very densely populated ten-mile radius where more than 930,000 people reside.