Coles Narrogin is a single-level, freestanding Coles supermarket with a total gross lettable area (GLA) of 3,133m². The Centre is supported by an on-grade car park providing approximately 69 car parking spaces on title and ample street parking. As the only full-line national supermarket within a 90-kilometre radius holding a dominant market position, reinforcing Coles’ stronghold in the region. Narrogin is a well-established regional hub, acting as a key service centre for surrounding Wheatbelt towns. The town benefits from excellent connectivity via the Great Southern Highway and the Albany Highway, providing seamless access to Perth and major regional centres. Key Investment Highlights - Secured by National tenant Coles: Secure to 15-year lease to Coles (exp 2033) - Prime Location: Coles Narrogin is the only national full-line supermarket within a 90-kilometre radius. - Secure Income Stream: Long WALE of more than 8 years by GLA and income. - Long Standing Tenure: C Coles has been trading in Narrogin for 45+ years. - Impressive Profitability: Low occupancy cost of 2.1%, highlighting profitability. - Minimal Management: 100% of income and GLA secured by Coles Group a top 30 ASX listed company This exciting opportunity to acquire a high performing Coles Supermarket is being exclusively marketed via an Expressions of Interest (EOI) campaign, closing 2:00pm (AWST) on Wednesday, 12 March 2025. *approximate. *Site boundaries indicative only
Email enquiry to Colliers International - Perth
Properti ID: 504787624