Commercial - Retail for Sale in Lephalale

Description

Accepting Offers. DESCRIPTION: This prime shopping center is in the heart of Lephalale in the Ellisras, which is one of the busiest shopping centres in the area with high foot traffic. This is an attractive investment opportunity to buy nearly all of the Lephalale Crossing of six buildings totalling 24,346 m³ at a yield of about 9.3%. Its prime location includes the town's main taxi rank, ensuring a constant flow of customers via public transport and ample parking for customers. PORTFOLIO Shoprite Centre (7,226m²) • Anchored Shoprite. • National tenants including Skipper Bar, Studio 88, Power Fashion, and PEP Boxer Centre (5,755m²): • Anchored by Boxer Supermarket & Boxer Liquor, • Tenants including Betta Bets, Webbers, and Fastrak. Fashion Corner (5,245m²): • National brands: Mr Price, Markhams, PEP, Sheet Street, Ackermans, and Truworths. • The centre also includes a pharmacy Banking Centre (2,541m²): • It is dominated by financial institutions including FNB and Nedbank • Upper floors occupied by professional tenants such as GP practice and a recruitment agency. Relebogile Centre (3,542m²): • A vibrant mix of tenants - OBC Chicken, Autozone, Debonairs, Pick n Save, and Eskom. SUMMARY: • Anchor Tenants: Checkers, Boxer Supermarket, Shoprite • National Fashion Retailers: Mr Price, Truworths, Ackermans, Jet, Markhams, PEP, Rage, Exact, Fashion World • Home & Value Retail: Cash Build, Russels, Beares, Tekkie Town, Cash Crusaders, Sleepmasters, Sheet Street • Food & Convenience: Debonairs, King Pie, OBC Chicken • Full Banking Suite: Nedbank, FNB, Capitec, Standard Bank, ABSA, African Bank DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.