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4 994 m2 Prime Retail Investment Opportunity
R 32,000,000
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16 days ago46 views
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General Details
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Description
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.
Property Reference #: 7002001-47149
Agent Details:
Ian Knott
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
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.
Property Reference #: 7002001-47149
Agent Details:
Ian Knott
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274197355
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Estimated monthly repaymentR 346,787
Total property loan amountR 32,000,000
Total interestR 51,228,703
Total repaymentR 83,228,703
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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EXP Realty
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