The Strand Entertainment Complex

14719 sqft 6.1600 acres

MLS: 415966

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.

Key features

Price $12,000,000 USD
Sq ft 14719
Price/sq ft $815.27 USD per sqft
Acres 6.1600
Built 1997
View Inland
Zoning Commercial Neighbourhood

Property Details

City Water
Elevator
Multi-Zone AC
Security Alarm
Sewer
Stories: 2

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Michael Binckes
Sales Associate
+1 (345) 945 2011
michael.binckes@remax.ky

Kim Lund
Broker / Owner
+1 (345) 949 9772
kim.lund@remax.ky

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