The Strand Entertainment Complex
US$12,000,000
W Bay Bch South Cayman Islands
The Strand Retail complex is perfectly positioned on West Bay Road, a few hundred feet from The Ritz with huge street frontage and visibility. This offering is for the full entertainment complex of 14,719 sq. ft., which includes tenants such as KFC, Silk Chinese Restaurant, Lillies nightclub, The Lodge and Spanglish. All leases are triple net, long term with good escalation clauses. Income offers a current ROI of 7% growing annually. Further to the current offer, there is a redevelopment opportunity which has already been given a green light by all members and is in the early planning stages.
Address
- Block : 12C
- Parcel : 350H18,20,22,33,34,35,36,37,38
- Area : 350H18,20,22,33,34,35,36,37,38 W Bay Bch South
- Country : Cayman Islands
- Latitude - Longitude : 19.331857640779337 -81.3807614221333
- Direction : Corner of West Bay Road and Canal Point Drive
Property Detail: Updated on : April 26, 2024 6:00 am
- MLS# : 415966
- Property For : Sell
- Property Status : Current
- SquareFeet : 14719
- Year Build : 1997
- Acreage : 6.16
- Views : I
- Property Type : CommercialRestaurant/Bar/Nightclub
Other Features
- Stories : 2
- Court Order : No
- Forced Sale : No
- Water Frontage : No
- Stories Building : 2
- Garage : No
- Fence : No
- Den : No
- Living Room : No
- Kitchen : No
- Family Room : No
- Dining Area : No
- Breakfast : No
- Pool : No
- Covenant : No
- City Water : Yes
- Patio : No
- Zoning : Commercial Neighbourhood
- Ac : Multi-Zone
- Class : Existing
- Construction : Block
- Foundation : Slab
- Road Frontage : 1000
- How Shown : By Appointment/List
- Occupant : Tenant
- Oven Or Range : No
- Dishwasher : No
- Microwave : No
- Refrigerator : No
- Tennis : No
- Monthly Maint Cost Curr : CI$
- Insurance In Maint : No
- Sewage In Maint : No
- Monthly Insurance Curr : CI$
- Monthly Sewage Curr : CI$
- Annual Income Curr : CI$
- Pets In Maint Cost : No
- Pets Maint Cost Curr : CI$
- Tv In Maint Cost : No
- Tv Maint Cost Curr : CI$
- Ac In Maint Cost : No
- Ac Maint Cost Curr : CI$
- Pool In Maint Cost : No
- Pool Maint Cost Curr : CI$
- Gardening In Maint Cost : No
- Car Port : No
- Utility : No
- Septic : No
- Sewer : Yes
- Well : No
- Cistern : No
- Disposal : No
- Dock : No
- Security Alarm : Yes
- Elevator : Yes
- Annual Operating Costs Curr : US$
- Annual Operating Costs : 1.00
- Media Room : No
- Wine Room : No
- Health Center : No
- Gym : No
- Hurricane Shutters : No
- Storm Windows : No
- Currency : US$
Listing Location
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