CINTAS SAN ISIDRO FREE ZONE PROPERTY PROFILE

Transcription

1 CINTAS SAN ISIDRO FREE ZONE PROPERTY PROFILE

2 Dominican Republic

3 Dominican Republic An integrated nearshore option in the Western Hemisphere The Dominican Republic is a country full of opportunities. It has emerged as one of the most attractive nations for doing business in Latin America and the Caribbean. In , the Dominican Republic was the Latin American country with highest economic growth, with an average annual GDP growth rate of 6.5%. Its strategic, nearshore proximity to the continental USA makes it the best choice for a just-in-time solution to global manufacturers. The Dominican Republic maximizes its geographic advantages, by having developed a top-of-the-line transport infrastructure and services within the region.

4 Business Outlook: Free Zones The Free Zones are proven tools for economic growth, export diversification and competitiveness, in both advanced and developing economies. In the Dominican Republic, Free Zones grant 100% exemption in the payment of virtually all national and local taxes, including: Corporate/Income Tax Value-added Tax Import Duties and Tariffs Taxes on Assets, Real Property and Patents Municipal Taxes 165,147 Direct Jobs US $5,694,000 Million in Exports US $4,256,000 Million in Investments 672 Companies

5 San Isidro Free Zone Established in 1986, San Isidro Industrial Free Zone (ZFSI), a world-class industrial free zone facility, is strategically located on the outskirts of the city of Santo Domingo, Dominican Republic. It sits 20 minutes from the main international airport, 35 minutes from the main seaports, and has easy access from different locations ZFSI s boasts complete infrastructure, with reinforced concrete buildings, Shell type units. It also features a high voltage electrical substation, providing dependable electric services state-of-the-art telecommunications system, and a variety of quality services. Main services are security, an on-site Government Customs Office, medical services through a clinic, and complete human resources programs including recruitment, pre-selection of employees, and a complete payroll service.

6 San Isidro Free Zone Tenants already in residence include such prestigious companies as: There are 32 companies established in the San Isidro Industrial Free Zone for a variety of manufacturing activities, such as medical devices, electronic components, electrical fixtures, fine jewelry, automotive components, apparel manufacturing, paper self adhesive products, fruit processing, data entry, telecommunications, and distribution services. San Isidro Free Zone eliminates the constraints of time and distance, and dramatically reduces overall operational costs.

7 Location of San Isidro Free Zone Main cities and touristic destinations Puerto Plata Santiago San Isidro Free Zone Bávaro Casa de Punta Cana Campo, La Romana

8 Location of San Isidro Free Zone Ports and international airport Santo Domingo San Isidro Free Zone Port Rio Haina Las Américas International Airport Port Caucedo

9 CINTAS Building (formerly G&K) San Isidro Free Zone

10 STRATEGIC LOCATION Located in the best warehousing district in Santo Domingo, on the main road in the area, Autopista San Isidro, connecting to Multimodal Caucedo Port (main container port in the country (30 minutes), Haina Port (60 minutes) and Las Americas International Airport (20 minutes) CURRENT CONDITIONS: Autopista de San Isidro Capital: County: City: Country: Santo Domingo Zona Oriental Santo Domingo Este Dominican Republic PROPERTY DESCRIPTION: 3 separate concrete buildings completely joined. All utilities and services currently connected. Total Building Square Meters (3 buildings): o Bldg. Size: 9,451 square meters o Square Feet Conversion: 101,730 SF Land size: 14, square meters o Square Feet Conversion: 150,976.5 SF Zoning / Use: Industrial The subject property is a very well built, concrete construction(floor, wall and roof) comprised of 3 separateconnected building: Bldg. A, B, and C. Each building is divided into multiple rooms/floors. The buildings do not have any deferred maintenance or any repairs that will be needed. Roof was recently refurbished. Bathroom and cafeteria recently renovated. Exterior landscape very well maintained. YEAR BUILT: Est. early 2000s PROPERTY STRENGTHS: o o o Excellent safety and security systems in place Docking capacity for 30 containers. Parking for 24 vehicles

11 Building Re-coated Roof

12 Building Concrete Infrastructure

13 FEATURES 3 Electrical power generators (2=400 KW, 1=470 KW) 1 Water purifying system (capacity to deliver cool potable wáter to the whole plant) Shutters in all areas to protect from hurricanes 17 Central A/C 30 tons in the plant and 13 A/C split in offices 1 Computer room fully equipped with cable distribution 1 Caged designated CTPAT security area 32 CCTV internal and external security system Transformer, electrical wiring, lights, etc. LAND BUILDING VALUE Selling price: US $4,200,000 US $41.29 per sq. ft. of building construction

14 Contact information: Arturo Peguero Trade & Logistics Center -TLC Santo Domingo, República Dominicana (T): Anna Slyh CBRE Inc. U.S. (T): CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.