Project Size: 184,938 sq. ft.
Details: Opened: 1990
Acquired: 2005
Plaza Vega Baja is an 184,938 square foot community shopping center located in Vega Baja, Puerto Rico, approximately 15-miles west of San Juan. Plaza Vega Baja is the dominant open-air shopping center in the trade area.
Plaza Vega Baja is anchored by Big Kmart, Econo Supermarket and Walgreens. The tenant mix at the shopping center includes well-known national, regional and local tenants including 5-7-9, Almacenes Plaza, Foot Locker, Gamestop, Payless ShoeSource, Pearl Vision, RadioShack and Rainbow.
Within 10-miles of the shopping center more than 295,600 people reside with an average household income of $35,463. However, the demographics for this asset are somewhat skewed because of the center's proximity to the ocean and nearby mountain ranges.