8-20 Mabel Street,
Atherton, QLD 4883
Shops & Retail
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CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
8-20 Mabel Street
Atherton, QLD 4883
Map of 8-20 Mabel Street
HIGH PERFORMING FREESTANDING BIG W DISCOUNT DEPARTMENTSTORE
- Net income of $914,340 per annum
- Big W is the only DDS within the region
- Trading well above benchmarks
CBRE Retail Investments are pleased to exclusively present to the market Big W Atherton - a rare opportunity to acquire a high performing, freestanding Big W Discount Department Store.
- Well-designed 4,482sqm single level retail store with substantial on grade car parking for 169 vehicles and an additional 72 public car parks along Mabel Street.
- Residual lease term of 3.75 years with options to 2041.
- 100% of the income is secured by a wholly owned subsidiary of Woolworths Limited.
- Big W Atherton is trading well above the Urbis average discount department store benchmark resulting in a low occupancy cost.
- The tenant is currently paying turnover rent and there is potential for additional income with the landlord entitled to up to 4% of sales over a threshold.
- Retail spending within the main trade area is expected to reach $953.6 million by 2036, representing strong growth of 3.2% per annum.
Big W Atherton is being offered for sale by way of Expressions of Interest campaign closing 4:00pm (AEST) Thursday 11th August 2022.
To obtain further information, please contact Josh Scapolan, Joe Tynan or Danny Betros.
- Well-designed 4,482sqm single level retail store with substantial on grade car parking for 169 vehicles and an additional 72 public car parks along Mabel Street.
- Residual lease term of 3.75 years with options to 2041.
- 100% of the income is secured by a wholly owned subsidiary of Woolworths Limited.
- Big W Atherton is trading well above the Urbis average discount department store benchmark resulting in a low occupancy cost.
- The tenant is currently paying turnover rent and there is potential for additional income with the landlord entitled to up to 4% of sales over a threshold.
- Retail spending within the main trade area is expected to reach $953.6 million by 2036, representing strong growth of 3.2% per annum.
Big W Atherton is being offered for sale by way of Expressions of Interest campaign closing 4:00pm (AEST) Thursday 11th August 2022.
To obtain further information, please contact Josh Scapolan, Joe Tynan or Danny Betros.
Property ID: 504112259Last Updated: 9 Feb 2024
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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