- High profile retail investment with annual 3% rental increases
- International tenant founded in 1972 and now with over 300 stores internationally
- Major store renovation completed in February 2018
- 7 year lease from 2016, returning income of approximately $225,221.45 + GST
Attention all investors - the opportunity comprises a long lease to an international tenant, in a premises which underwent major internal and external renovation in February 2018. Occupying the property since 2009, Super Cheap Auto specialises in the retail sale of automotive parts and accessories plus household tools.
Positioned next to Pak'n Save and Mitre10 Mega, Lincoln North Shopping comprises an attractive tenancy mix including KFC, Pizza Hut, ANZ, BNZ, Westpac and NZ Post, and with a 100% occupancy rate this ensues the centre is one of the most popular customer destinations along Lincoln Road.
A quality modern retail investment with an 100% NBS rating leased to an international tenant - look no further!