R76,500,000
Prime Retail Property for Sale at Audi, Menlyn
Located at the intersection of Garsfontein Road and January Masilela Drive, Waterkloof Glen, Pretoria, this prime retail property offers a Gross Lettable Area (GLA) of 6,785m². Fully occupied by McCarthy Limited / TA Audi Menlyn, the property boasts a Weighted Average Lease Expiry (WALE) of 3.08 years as of July 2024. Situated in the Eastern suburbs of Pretoria, it benefits from excellent road visibility and high accessibility, making it an ideal location for retail operations.
The property is strategically positioned, enhancing its appeal to single-use tenants. With a weighted average escalation of 6%, it promises a stable and profitable investment. The prime location, coupled with full occupancy, makes this property a valuable opportunity for investors seeking 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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