- For Sale
An exceptional opportunity to purchase two large-format retail properties located at 111 Lincoln Road, Henderson and fully leased to Spotlight, Harvey Norman and Nood. The two adjacent, unit-titled properties occupy high-profile positions within the popular and well established Lincoln Centre on Lincoln Road, one of Auckland’s busiest thoroughfares. The Warehouse, Warehouse Stationery, Noel Leeming and Snap Fitness are also integral to the centre.
The two properties are available for sale either individually or together. The first property is 100% leased to Spotlight and Harvey Norman in two separate tenancies with a total net lettable area of 3,668.28sqm. The second property on a separate unit title is fully leased by Nood with a net lettable area of 645.31sqm
The Lincoln Centre was redeveloped and unit titled in 1998/99 and the wider area has undergone rapid transformation since then. It is now a highly popular and sought after retail and commercial destination for tenants seeking exposure the 42,000 vehicles which use the road every day, and the dense residential catchment surrounding it. Pak’n’Save, Countdown and Mitre 10 Mega also have major developments in the area.
The property is offered for sale by Deadline Private Treaty closing 4pm, Wednesday 26 June 2019 (unless sold prior).