About this property
Union Plaza Building, located at 416 Ponce de León Avenue in Hato Rey’s financial district, is a 17-story Class B office tower with 157,135 square feet of net rentable area (2024 BOMA standards) and an average floor plate of 8,918 square feet. The property includes a 75,756-square-foot multy-story parking garage with 452 spaces, offering a parking ratio of 2.88 spaces per 1,000 square feet. Currently 75% occupied, there is approximately 38,739 square feet of available space for rent, presenting leasing and value-add opportunities if the buyer decides to expand existing leasing operations. However, Union Plaza is Zoned C-3 Commercial and located in Flood Zone X (low risk), expanding opportunities for a wide variety of redevelopments. The building also features reinforced concrete construction, central air-conditioning, wet-system sprinklers, and emergency power generators.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 157,135 sqft
- Land Size
- 5,543 sqm
- Zoning
- C-3
- Parking
- 452 (2.88:1,000)
Documents 1 file
Last updated: Oct 6, 2026
Location
- Address
-
416 Av. Juan Ponce de León
San Juan, 00917