Mitre 10 MEGA Blenheim

JLL as selling agents are pleased to present Mitre 10 MEGA Blenheim, located in the heart of Blenheim, Marlborough, New Zealand.

Offering a unique opportunity in retail investment, this property stands as a cornerstone in the bustling commercial hub of Blenheim. Strategically positioned, Mitre 10 MEGA Blenheim benefits from a building area of 9,986 sqft and is set on a substantial 18,608 acre parcel of land, making it an enticing prospect for investors seeking substantial retail space with growth potential.

This property, constructed in the year 2000, exemplifies modern retail architecture and functionality, providing a robust platform for long-term occupancy. The expansive building area allows for versatility in tenant use, promoting multi-sector appeal within the retail industry. Its commercial configuration further enhances leasing potential, framing it as a compelling value-add investment.

Located amidst Blenheim's dynamic development zone, Mitre 10 MEGA Blenheim is poised advantageously with seamless access to major transportation routes and proximity to residential areas, ensuring a steady influx of foot traffic and consumer activity. The area's economic expansion, underscored by demographic trends and regional growth catalysts, reinforces the property’s investment viability.

Investors will appreciate the property's potential for strong cash flow stability and the opportunity to enhance value creation through strategic management. As Marlborough continues to grow, Mitre 10 MEGA Blenheim offers a promising horizon for yield maximization and capital appreciation.