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.
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Attributes
Building area Gross
34,800 m²
Year built
2000
Media
Investment Highlights
Unique opportunity to acquire a freehold mall, single let to Lulu Hypermarket on a NNN unbreakable lease expiring in 2041
Contact brokers
CMT0827 - Riyadh Avenues Mall, KSA (0 Properties)
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Last updated
24 Apr 2023