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Motherwell · Retail For Sale

4994 m² Retail For Sale in Motherwell

  • R 32,000,000
  • 4994 m²

Exploring the potential of a retail investment opportunity in a community shopping center with Boxer as the anchor tenant necessitates a meticulous examination of key aspects. The center's strategic location in a bustling lower LSM area is a significant advantage, as it implies a substantial customer base and advantageous foot traffic. To gain a more in-depth understanding of the investment's financial viability, engaging a broker is recommended. The broker can furnish detailed information regarding the shopping center's income, expenses, and current vacancies, enabling a comprehensive evaluation of its profitability.
A crucial determinant of success in this investment is the location of the shopping center. Being situated in a vibrant lower LSM area suggests a heightened potential for attracting customers and fostering favorable foot traffic. Additionally, the presence of Boxer as the anchor tenant adds a layer of stability and draws shoppers to the center. Delving into the specifics of Boxer's lease terms, including duration and rental escalations, is imperative for gauging the long-term prospects of the investment.
Furthermore, a thorough analysis of the tenant mix and the competitive landscape in the area is essential. Understanding the types of businesses operating within the shopping center and assessing the level of competition will provide valuable insights into the overall appeal and potential success of the investment. By considering these factors, investors can make informed decisions and strategically position themselves to capitalize on the opportunities presented by the community shopping center anchored by Boxer.
Please note price excludes VAT.

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Property Information & Features

Property Type
Retail
Listing Type
For Sale
Location
Motherwell, Port Elizabeth
Price
R 32,000,000 · Get Pre-Qualified
Price per m²
R 6,408
Floor Size
4994 m²
Erf Size
4994 m²
Open Parking Bays
20
Commercial Zoning
Yes
Security
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · Motherwell, Port Elizabeth

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Average

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Retail For Sale in Motherwell
R 32,000,000
  • 4994 m²
Get Pre-Qualified
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