Highgrove Business Park George Town East, Grand Cayman

$14,600,000 /US$
Current
SKU: 410178
Area (Sq Ft)
40000

The space

  • Land Size: 4.5 Sq Ft
  • Year Built: 2008
  • Listing Type: Offices / Mixed Use
  • Zoning: Heavy Industrial
  • Acreage: 4.5
  • Beach Frontage: 0 ft
  • Road Frontage: 293 ft
  • Class: Existing
  • Construction: Block
  • Foundation: Slab
  • Occupant: Tenant
  • Possession: At Closing
  • Land Title: Freehold

Amenities

General
  • Generator
  • Security
  • Storm Windows

Views

  • Inland

Description

Rare opportunity! List price touts 7% ROI! All units leased!
Located in the industrial part of George Town, just behind CUC, Highgrove
Business Park is Cayman’s newest and most intelligently built business park. It
offers extremely strong hurricane resistant office space, climate-controlled
storage, warehousing and disaster recovery suites. The pour and tilt system of
solid concrete and steel construction is high and dry at 9’ above sea level and
has 7” thick poured concrete walls. This efficient and effective building
system exceeds the Miami Dade hurricane code and is built to withstand wind
speeds of up to 155 miles per hour. Highgrove Business Park offers tailor-made
floor plans from 10 to 40,000 sq. ft. suites plus 5,000 sq. ft. of new elevated
air-conditioned and regular storage from 200 to 400 sq. ft. that are 22 ft.
above sea level. Other features include its easy accessibility, ample parking,
stand-by power, 24-hour security cameras, monitored controlled access,
industrial elevators, in-ground gas supply and more. The site also has the
capacity to add an additional building which could bring in an additional
25-35% occupancy. Property also has solar panels on the roof, which is a
revenue generator with CUC credits. True opportunity that offers future
potential for uptake from additional building, market conditions and increased
rents over time.

Additional Cost

Insurance cost per year: US$1

Directions

On Spark Drive just passed CUC. Look for property signs

Contact the Agent

Kass Coleman

Sales Associate/CIREBA Member
Office
+1 345-949-2396
Cell:
+1 345-916-0378
Skype
kass.coleman
Kass has over 25 years of Cayman Real Estate with RE/MAX under her belt! Kass “Canada”, the oldest of five, grew up in Virginia Beach, Virginia and Jackson Hole, Wyoming with a few fun packed learning years in Washington D.C. after College. Kass’s love for the Cayman Islands began in 1986 when she came to visit some college friends who grew up here in Cayman. So began her Cayman career, first as a Flight Attendant for Cayman Airways, the National Airline, then moving into the Sales & Marketing Department, where she stayed until 1992. The change that made all the difference came in 1993 when she became a sales associate with the relatively new franchise to Cayman, RE/MAX Fist Realty, which started in 1991 (it became RE/MAX Cayman Islands in 1996). Over the years, Kass has excelled and achieved many awards….Circle of Legends is her Favorite! Kass is always a…