Properties

Montehiedra is an affluent bedroom community with upscale housing diversity. The Outlets at Montehiedra is just 5 miles south of Plaza Las Americas and many customers utilize the convenience and ease of access to make this their primary shopping choice.

The center has a strong anchor line up with Marshall’s Mega Store (includes HomeGoods) and Home Depot, both of which are in the top 2 for their chain on the island. Caribbean Cinemas is an IMAX 4DX amusement concept with 14 screens and stadium seating. The food offering at the property includes high volume Chili’s and Romano’s Macaroni Grill, as well as local favorites Cayo Caribe, IHOP and Urban Bricks. Ralph’s Food Warehouse is expected to open in early 2023.

The Outlets at Montehiedra is located just 6 miles south of San Juan on PR 52, the island’s only north/south expressway. The location is highly visible as 125,000+ cars utilize that portion of PR 52 per day.The property is 20 minutes from the airport and 10 minutes from Condado, the central business district of San Juan.The Reserve at Montehiedra is s a new residential community offering luxury estate homes with lot areas averaging 1,500 square meters distributed within a 42 acre parcel.

Ralph’s is new to the market and will occupy 65,000 SF of the old K-Mart space. In addition, an outerparcel is under construction and will feature Walgreens, Arby’s, and Global Mattress. Over 20% of the island’s 3.5M residents live within 10 miles and 10% live within 5 miles. The average household income of $51,100 far exceeds the island average of $36,000.

The Outlets at Montehiedra is the closest outlet center to San Juan, with Barceloneta being ~30 miles to the west and Canovanas located ~12 miles to the east.