HIGH DEMAND RETAIL WITH GLOBAL TENANT

The Details

Type: Retail

Purchase Price: $600,000

Net Rent: $41,800

Net Yield: 7.0%

Cashflow: $29,700 per year (70% loan @ 2.5%)

Lease: Recent Fresh 2+2 year lease

Net Lettable Area: 277 sqm

Why we love this property

National tenant on a fresh 2-year lease

Very high foot traffic

Business thrived during the pandemic

No competition in the area

Very low vacancy rates

Tenant pays all outgoings

Signage opportunities

Full glass frontage