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9 E Bay St 37,071 SF 100% Leased Office Building Nassau, NPR $20,035,013 CAD ($540.45 CAD/SF) 5.52% Cap Rate
Investment Highlights
- Ocean views, quality tenants and room for expansion
Executive Summary
5 story office building.
Fully Occupied.
No capital gains or Income Tax in the Bahamas.
The Bahamas is known as an offshore banking center and has legislation to attract crypto transactions.
Buyer pays own brokers' commission, half of name transfer tax, legal fees plus VAT thereon.
Buyer is entitled to status of Permanent Residency without the right to work but with the right to work, can be applied for.
Proforma financial and other information will be made available on request. Contact Matthew Mitchell at 561 908 3643 or matthewmitchell@keyes.com
Fully Occupied.
No capital gains or Income Tax in the Bahamas.
The Bahamas is known as an offshore banking center and has legislation to attract crypto transactions.
Buyer pays own brokers' commission, half of name transfer tax, legal fees plus VAT thereon.
Buyer is entitled to status of Permanent Residency without the right to work but with the right to work, can be applied for.
Proforma financial and other information will be made available on request. Contact Matthew Mitchell at 561 908 3643 or matthewmitchell@keyes.com
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
37,071 SF
Building Class
B
Year Built
2001
Price
$20,035,013 CAD
Price Per SF
$540.45 CAD
Cap Rate
5.52%
NOI
$1,105,380 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
9,106 SF
Building FAR
0.59
Lot Size
1.45 AC
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Waterfront
- Wheelchair Accessible
- Reception
- Air Conditioning
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9 E Bay St
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