The Strand Retail complex is perfectly positioned on West Bay Road, a few hundred feet from The Ritz with huge street frontage and visibility. This offering is for the full entertainment complex of 14,719 sq. ft., which includes tenants such as KFC, Silk Chinese Restaurant, Lillies nightclub, The Lodge and Spanglish. All leases are triple net, long term with good escalation clauses. Income offers a current ROI of 7% growing annually. Further to the current offer, there is a redevelopment opportunity which has already been given a green light by all members and is in the early planning stages.
RE/MAX, which stands for "real estate maximums", was founded in the 1970's by Dave and Gail Liniger in the United States of America. They developed a unique franchise system that allows real estate agents to maximize their potential by having the security of a franchise while at the same time having the individual freedom to run their own business. Today the RE/MAX network comprises over 6,000 offices with around 90,000 associates in 85 countries. RE/MAX Cayman Islands is one such independently owned and operated office within the real estate network of RE/MAX International and RE/MAX Caribbean/Central America. The office at 7 Mile Shops on West Bay Road unites 20 Cayman real estate professionals and nine administrative staff under one roof. All of our associates and administrative staff are highly experienced and constantly expand their knowledge with ongoing training. Every real estate agent in Cayman uses the synergy potential. Not only synergies within the office are important; we also work closely with RE/MAX offices all over the world as part of our international referral system. Locally and internationally, we are dedicated to maintaining a high degree of visibility which will benefit our highly valued customers and clients as well as our Sales Associates. A comprehensive marketing strategy across all media including print and internet ensure our consistent exposure. We are well established in the Cayman Islands realestate market as a strong office, capable of producing outstanding results. Referrals from satisfied buyers and sellers are a proof of it as well as the many awards the office has received. Top Office in Total Sales Volume Single Office International 2012 2011 2009 # 1 Top Office - Sales Volume # 1 Top Office - Transactions RE/MAX Cayman Islands values the Cayman Islands community and is involved in various local charities, sports clubs and events. Each associate and supportive staff member dedicates time and money to community projects.