About this Property
📣 PROPERTY FOR SALE — EXCELLENT STORES SHOPPING MALL BUILDING 🏢
📍 Address: 96-96A Frederick Street & Park Street Corner (opposite T&TEC / Eastern Credit Union)
📐 Freehold Land Size: 7,510 sq ft
🏬 Building Floor Area: 18,195 sq ft (Spread over 4 floors)
Current Occupancy & Use:
- 🥤 Ground Floor: Four food outlets (including major tenants KFC & Linda’s)
- 🛍 First Floor: Retail units and kiosks
- 📦 Second & Third Floors: Available space ideal for offices or storage
Additional Features:
- Building in excellent condition ✨
- Equipped with both elevator and escalator support services
Financials:
- 💰 Valuation (2016): $22.5 million
- 📆 Current gross annual rental income: $212,462 (reflecting approximately 50% occupancy)
- 🔖 Asking Price: $22.5 million (Negotiable)
If you’re looking for a well-positioned investment property with significant upside potential, this is a remarkable opportunity! 📈
About the Region
Port of Spain
Port of Spain (Spanish: Puerto España), officially the City of Port of Spain (also stylized Port-of-Spain), is the capital city of Trinidad and Tobago, the country's second-largest city after San Fernando, and the third largest municipality after Chaguanas and San Fernando. The city has a municipal population of 37,074.
This city offers housing facilities to many ministries of the local government. It serves as a main transport hub for both land and sea where many citizens use daily to move around the country.
Many businesses thrive from the fluster of working class people who pass through daily. Some sectors or business types located are banking, hotels, casinos, food, cinemas, restaurants etc.
Port of Spain is very popular for having the largest round about in the world which is known as “the Queens Park Savannah”. Main tourist attractions such as the Emperor Valley Zoo and Botanical gardens are all located around the Queens Park Savannah. This city is where the most exciting carnival celebrations are held and are participated by many well-known celebrities.
A main tourist attraction is “the Avenue” where many persons gather on a weekend to whine down, relax and enjoy the many “hang out spots”. This too is another major tourists attraction as many celebrities visit just to relax.
