- Property Type: Commercial
- Status: Back On The Market
- Foundation: Slab
- Zoning: Commercial
- Furnished: Partially
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.