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
374,584 sf
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
Nov 18, 2021