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RUSTENBURG RETAIL PROPERTY

8,567M² RETAIL ANCHORED BY SHOPRITE - RUSTENBURG FOR SALE ON AUCTION

DESCRIPTION:

Prime Retail Investment Anchored by Shoprite with Strong Nationals Prim 

The property is a well-established shopping center featuring a Gross Lettable Area (GLA) of 8,567m² and a strong occupancy rate of 90%. It hosts a total of 26 tenants, anchored by a high-performing Shoprite,  with 8 years remaining on its lease.  The center offers a diverse tenant mix, including both national retailers and convenience-focused local operators, ensuring steady foot traffic and consistent trading performance. 

Key Highlights 

  • GLA: 8,567m² 
  • NAI: ± R14 909 560
  • Occupancy: 90% 
  • Tenants: 26 in total 
  • Anchor Tenant: Shoprite – 8 years remaining on lease 
  • Other National Tenants: Pep, Cash Crusaders, and Tekkie Town 
  • Layout & Accessibility: Modern, well-designed layout with excellent pedestrian flow and ample on-site parking  - Retail Mix: Balanced blend of national brands, service providers, and convenience outlets   

This shopping center represents a solid and dependable retail investment opportunity, supported by a strong tenant base and sustainable trading performance. 

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