For sale - Prime Investment Opportunity to Own Shop Space

Ref. PER-S-5102

  • Area : 1940 sqm
  • Bedroom(s) : 6
  • 5 500 000
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Prime Investment Opportunity to Own Shop Space

Located in the bustling Jumeirah Lake Towers (JLT), this 1940 sq. ft. shop space is a highly attractive investment. Currently rented as a supermarket for 3 years at AED 300,000 per year, this engaging commercial space in a striking tower facilitates a profitable retail venture; potential owners can look forward to a yield of 5.5%.

The pristine building housing this space is in a coveted residential area. Facing a placid lake but surrounded by thriving dining and shopping options, as well as office spaces, the property provides an urban yet easygoing lifestyle.

The shop, therefore, is eminently well-placed in a locale that is by turns residential, chic, urban, trendy and green but always vibrant. This bodes well for a successful business and an advantageous rental yield. Offering a community view, this retail space is inviting and cosy but can still accommodate a wide range of business-related features. It is fitted and accompanied by 2 basement parking spaces for added convenience.

A range of the citys business and recreation hubs are easily accessible from JLT, to say nothing of emblematic hotspots like Ain Dubai.

-Basement parking
-Public parking
-Shopping mall

Michaël Zingraf Real Estate
Cannes Croisette

30 La Croisette
06400 Cannes
Call this agency

Tél. +33 (0)4 93 39 77 77

Your contact : Jessica MACCONI - Sales Assistant

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