Yeguada gas station site in Camuy records a $4,283,100 lease
A lease of the property at Carretera 2 Km96.0, Yeguada, Camuy, 00627 was recorded on June 11, 2026, with an amount of $4,283,100. The recorded amount does not establish monthly, annual or total rent.
A $500,000 mortgage on the same property was recorded the same day, and it names the tenant as the lender.
A new gas station on the property
A consolidated construction permit for a new gas station with a convenience store, light mechanics and an oil change area was filed on September 2, 2025, and is recorded as approved. Two filings under another case, with no project name or permit type on record, followed on January 22, 2026 and March 21, 2026, both recorded as approved.
The property already holds businesses: a restaurant whose single business permits are on record every year since July 25, 2021, the latest filed on March 28, 2025, and a doughnut maker with filings since October 23, 2023, the latest filed on November 19, 2024. Both latest permits are recorded as approved.
The tenant's run of leases
The same tenant recorded 12 lease deeds on 12 properties across Puerto Rico between July 18, 2025 and August 26, 2026, the Yeguada lease included. Its $4,283,100 is the largest amount of the 12, and three of them recorded $1,000,000 or more.
Two of the other leases, in Yauco on July 18, 2025 and in Lares on May 15, 2026, were also recorded on the same day as a mortgage naming the tenant as lender.
The property's last sale
The last recorded sale of the property was on August 5, 2015, for $700,000. No sale has been recorded since.
