7,346m² Retail For Sale in Menlyn
R96,900,000
289 January Masilela Drive
Web Ref
CL216
Monthly Rates
R120,916
Prime Retail Property for Sale at McCarthy, Menlyn
Located at 289 January Masilela Drive, Waterkloof Glen, Pretoria, this prime retail property offers a Gross Lettable Area (GLA) of 7,346m². The property is fully occupied by McCarthy (Pty) Limited / VW McCarthy Menlyn, with a Weighted Average Lease Expiry (WALE) of 3.3 years as of July 2024. Positioned in the Eastern suburbs of Pretoria, the property benefits from excellent road visibility and accessibility, making it a prime location for retail operations.
The node is characterized by its high visibility and ease of access, enhancing its appeal to single-use tenants. The property boasts a weighted average escalation of 6%, ensuring a stable and profitable investment. With its strategic location and fully occupied status, this property represents a valuable opportunity for investors looking for 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.
The node is characterized by its high visibility and ease of access, enhancing its appeal to single-use tenants. The property boasts a weighted average escalation of 6%, ensuring a stable and profitable investment. With its strategic location and fully occupied status, this property represents a valuable opportunity for investors looking for 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.
Features
Zoning
Retail
Exterior
Security
No
Sizes
Floor Size
7,346m²