R96,900,000
Prime Retail Property for Sale at McCarthy, Menlyn
Located at 289 January Masilela Drive, Waterkloof Glen, Pretoria, this prime retail property offers a Gross Lettable Area (GLA) of 7,346m². The property is fully occupied by McCarthy (Pty) Limited / VW McCarthy Menlyn, with a Weighted Average Lease Expiry (WALE) of 3.3 years as of July 2024. Positioned in the Eastern suburbs of Pretoria, the property benefits from excellent road visibility and accessibility, making it a prime location for retail operations.
The node is characterized by its high visibility and ease of access, enhancing its appeal to single-use tenants. The property boasts a weighted average escalation of 6%, ensuring a stable and profitable investment. With its strategic location and fully occupied status, this property represents a valuable opportunity for investors looking for a reliable and high-performing retail asset in the sought-after Menlyn area. For more information or to arrange a viewing, please contact Byron Thomas Industrial & Commercial Property Division, represented by Gary Katzen, at 065-733-7555.
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