Retail
Under Contract

CMT0827 - Riyadh Avenues Mall, KSA

Riyadh, Riyadh, SA

CMT0827 - Riyadh Avenues Mall, KSA_Property for Sale

Gallery

CMT0827 - Riyadh Avenues Mall, KSA 2_Property for Sale

Asset Description

Riyadh Avenues mall is a high-quality mixed-use development consisting of retail and commercial office space. The asset is single-let to Lulu Hypermarket under a NNN unbreakable lease with an unexpired lease term of 20 years. This lease is guaranteed by Lulu’s parent company, EMKE Group. 



Attributes

Building area gross
34,800 m²
Year built
2000

Investment Highlights

Unique opportunity to acquire a freehold mall, single let to Lulu Hypermarket on a NNN unbreakable lease expiring in 2041

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Last updated
30 Nov 2022