Freehold - HUGE 7% NET RETURN o.
W Bay Bch South, Cayman Islands
Listing ID: 00003475216
HUGE 7% NET RETURN on this fully leased Class A Commercial Building on the Seven Mile Beach Corridor. Landmark Square is a first class office building which brought many innovations to Cayman. The building is fully stratified and this entire floor which is being offered for sale includes 6 parcels and over 5,500 SQFT of office space. The Strata is very healthy with over CI$300,000 in cash reserves.
Built with highly energy efficient and super strong ICF Construction as well as reinforced steel beams this elevated property is extremely hurricane protected. The property also features a back up generator, gym as well as kitchens and restrooms throughout. Covered parking and a central, yet quiet and private location make this property very desirable for both tenants and business owners. This space is fully leased with Class A Tenants in the Financial Services and Legal industries. This is a great opportunity for a turnkey long term return on the highly sought after Seven Mile Beach Corridor as many business owners are moving from downtown George Town to Seven Mile.