Waterfront - Port Area Mall and Hotel Opportunity
Oranjestad, Aruba
Market Price
Price
8%
Cap Rate
$1.30
NOI
Overview
Description
T h e R o y a l P l a z a M a l l - l o c a t e d i n
Oranjestad, the capital and largest city of Aruba ,
Dutch Caribbean . Netherland Kingdom.
The Royal Plaza is one of the very first things that
tourists see when they get off the cruise ships. The island
gets about a million visitors/year. Half a million visitors
arrive at the Aruba Port via Cruise Ships
The total built-up area of the commercial
building is 13.438 m2 ( 144.645 sq.ft ) The total
rentable area is 11,416 m2 (122880.80 sq.ft )
The port is currently expanding and expecting to
be the biggest in the Caribbean.
Highlights
- • Premier Tourist and Local Market -
- • Excellent Performing Stores with great rentability.
- • Yearly Tourist population of 1M +
- • High Traffic Counts and Exposure with Port and Beach Street. In the middle of Oranjestad
- • Less than 200 feet from Aruba Port.
- • Iconic Landmark
- • Tenants Include: Hugo Boss, Tommy Hilfiger, Little Switzerland, Swatch, Swarovski among others.
Documents
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aruba_.pdf
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