MLS-33038
Commercial Bldg/Offices
Clarendon, May Pen

USD $3,500,000

JMD $473,515,000 CAD $4,641,849 £2,867,008 €3,074,972

Popular commercial plaza with food court along with a 750 square foot penthouse and open land (1200 square foot) are being sold together. The 3-storey building has strong rental return from established tenants where 34 shops have a 96% occupancy level and yield 6.86% p.a with scope to double. Diverse products and services available throughout the 28000 square foot rentable area adds significant value to the May Pen community. Plus, there is high visibility and heavy foot traffic from being located in the heart of the 4th busiest town in Jamaica with the ever important parking for shoppers. Chattels included are: - an Otis elevator, lift for safe delivery of stock, standby generator, a/c units, oil tanks and a fire fighting system. 7 financial institutions are in close proximity so too 2 international fast food chains. Smart investors won't have this 2 for 1 opportunity pass them by. Call for details, inc. a valuation report, and to view this special opportunity now.

Exterior

  • - Lot Size: 29470

Site Influences

  • - Highway Access
  • - Level
  • - Public Trans. Nearby
  • - Shopping Nearby
  • - Treed
  • - Visual exposure
  • - See Remarks
  • - Corner Site
  • - Shopping Centre
  • - Strata

Other

  • - Air Conditioning Part
  • - Fenced
  • - Highway Access
  • - No Pets Allowed
  • - Shopping Area
  • - Security
  • - Signs Allowed
  • - Store Front
  • - Wheelchair Access