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BAYTOWN PLAZA CLASS A OFFICE BUILDING & RETAIL PLAZA, WEST BAY ROAD

West Bay Road, George Town Centr, Grand Cayman, Cayman Islands

MLS# 409353

Property Price

US$22,000,000
All Images
CIREBA MLS LDX feed courtesy of INTERNATIONAL REALTY GROUP
Baytown Plaza combines a Class A Office building and busy retail plaza in a unique location on the southern end of West Bay Road, at the gateway to Seven Mile Beach, 5 minutes from central George Town and Camana Bay. The property exceptionally well-maintained and managed offering the potential for excellent returns. This 2.92 acre site features a 31, 351 sq ft Class A Office building, over 2 floors with modern high quality finishes built to a high level of storm-resiliency. Building features include 2 full back-up generators, secure data suites and secure filing rooms, consistent with its former tenant, global banking giant HSBC's stringent corporate standards under which the building was developed and maintained. The property has ample parking for customers and tenants, well above required parking ratios for a property of this size, included a secure gated parking lot. The retail plaza comprises of 5 retail units of varying sizes, all fully rented on long term leases. Tenants enjoy the property's deal location on Cayman's busy West Bay Road, boasting an attractive, high visibility, facade offering strong kerb appeal. Once fully leased, the plaza and office building offer excellent net operating incomes and a strong Return on Investment at asking price, as well as a strong upside as the vicinity develops and flourishes. Full Information Prospectus available shortly to qualified buyers.

Features

  • Location:George Town Centr
  • Year Built:2007
  • Views:Water View, Inland
  • Type:Commercial, Offices/Mixed Use (For Sale)
  • Square Feet:44,340
  • Acres:2.924
  • Status:Current

Property Features

  • Foundation: Slab
  • Furnished: Partially
  • Zoning: Commercial

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*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).