INTERNATIONAL REALTY GROUP LTD
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Baytown Plaza Class A Office Building & Retail Plaza, West Bay Road

Seven Mile Beach,
Cayman Islands
MLS#: 409353 Commercial (For Sale)
  • 44340.00 SQFT

PROPERTY DESCRIPTION

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.

Key Details

Baytown Plaza Class A Office Building & Retail Plaza, West Bay Road
Type Commercial
Status Sold
Acreage 2.924
Year Built 2007
Block & Parcel 13E,164
Lot Size 2.92
Views Water View, Inland
Foundation Slab
Zoning Commercial
Furnished Partially
Permanent Fixtures 2 back-up generators to BayTown House.
Occupant Tenant
Type of Use Professional
Construction Concrete
Class Existing
Land Certificate Not Issued
Possession At Closing
Frontage Road City Maintained
Road Frontage 570
How Shown By Appointment/List

Location

NEIGHBORHOOD DEMOGRAPHIC

Seven Mile Beach

Seven Mile Beach The neighbourhood for families

Widely regarded as one of the best beaches in the world, Seven Mile Beach is Cayman’s most prestigious and most desirable address. This stretch of white sand beach stretches along Grand Cayman’s western shore from George Town to West Bay and is home to a wide array of luxury resorts, condo developments, restaurants, retail and lifestyle amenities. The wider community of Seven Mile Corridor reaches back from the beachfront...

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