Cayman Islands Sale-Leaseback

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INVESTMENT SUMMARY:

The NNN Properties Group, as exclusive advisor to the Seller (“the Tenant”), is pleased to present the rare opportunity to acquire fee simple interest in their commercial property portfolio (“the Offering”) situated in the heart of George Town, the capital of the Cayman Islands, and located on Grand Cayman, the largest and most prominent island in the archipelago.

INVESTMENT HIGHLIGHTS:

  • Strategic Location in Global Offshore Financial Epicenter
  • Portfolio includes 4 properties and over 62,000 sq ft
  • Immediate proximity to the George Town Central Business District
  • Exceptional Long-Term Tenancy
  • Optimal Lease Structure
  • Zero Taxation Jurisdiction

OM - Cayman Islands Corporate Sale-Leaseback (24 downloads)
Price:US$22,000,000
Address:Confidential Address
City:George Town
State:Grand Cayman, Cayman Islands
Square Feet:62,569
NOI:$2,364,048
Cap Rate (Year 1):10.64%
Lease Commencement:Close of Escrow
Lease Expiration:10 Years Following COE
Years Remaining:10
Price PSF (Building):$352
Price PSF (Land):$288
Lease Type:Absolute Net
Options:Negotiable
Increases:Negotiable
Tenant:Confidential

Listing Inquiry