Island: New Providence/Paradise Island
Lot Size: 18,365 sq. ft.
Living Area: 6,900 sq. ft.
Property Type: Commercial Buildings
The Rainbow Plaza is located in the busy and heavily populated area of Soldier Road and Lady Slipper Avenue. The Plaza is easily accessible from major highways and well travelled streets. Built in 1994, the building is fully leased, with many of the shops leased for over 10 to 15 years. The anchor stores are occupied by a web-shop, a church, a medical laboratory, restaurant, beauty shop, convenience store, pest control store, thrift shop and the manager’ office. All shops have individual air conditioning units and a bathroom. There are security bars and good lighting in place, and the property is monitored by cameras. The perimeter is secured by fencing. The church and a storage space at the back have roll down shutters. Currently, the stores are all rented, but the new owner can determine the best use, and returns will depend on utilization of the building.