Stonebridge is pleased to present Fast Food & Retail Centre Mackay for sale via Immediate Offers to Purchase . The asset boasts the following key investment features: - 100% leased retail centre boasting longstanding and strong performing tenants - Subway - 7 year net lease to 2028 + options – World’s largest sandwich chain across 44,000+ locations (longstanding tenant of 17+ years) - Gloria Jeans - 8 year net lease to 2029 + options - Globally recognised café chain in 50+ countries, operating 200+ stores in Australia (longstanding tenant of 8+ years) - Highly exposed 1,988 sqm* corner site with 27 on-site car parks and dual street access - Key retail precinct location home to IGA, Chemist Warehouse, Domino's, Liquorland & Puma Energy - Prominent position along Evans Avenue, directly adjoining to the CBD via Sydney Street, carrying 26,900+ daily vehicles* - Mackay - Thriving regional centre possessing a diverse $22.3 Billion* economy and home to 125,000+ residents, forecast to grow 28% by 2041* - Secure income growth profile via Net Leases and 2%, 3% & CPI annual rent increases - Net Income $261,089 pa* + GST Fast Food & Retail Centre Mackay is for sale via Immediate Offers to Purchase . Please contact the exclusively appointed Stonebridge property professionals for more information. *Approximately Property Code: 1077
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