Stonebridge National Investment Sales is pleased to present 'Fast Food & Retail Logan Village (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new fast food and retail investment with 63% of income secured by national tenants and providing a long 8.64 WALE^ (by income)
- Subway New 7 year lease to 2029 + options to 2039
Global fast food chain with 1,229+ locations Australia wide
- Origin Kebabs New 10 year lease to 2032 + options to 2042
Rapidly expanding fast food operator across 32+ locations nationally with 10+ year track record of dominance in South East Queensland
- Newly constructed in October 2022 by industry leader, Hutchinson Builders, providing substantial depreciation benefits
- Large 2,499 sqm* landholding improved by fast food drive thru and retail centre, seamlessly integrated with neighbouring McDonald's, KFC & 7-Eleven
- Convenient and easily accessed site only metres to Waterford Tamborine Road (21,898+ vehicles daily), the major arterial linking Brisbane to Lendlease's booming Yarrabilba masterplanned community
- Logan Village 35 km* south of Brisbane CBD and part of Greater Logan LGA, population forecast to grow 43% and exceed 500,000 residents by 2036, supported by a $14.36 billion* economy
- Sought after, market leading annual rent increases of CPI+1% and up to 3.5% fixed across all tenancies
- Tenants pay all usual outgoings as per lease
- Net Income - $228,784 pa* + GST
'Fast Food & Retail Logan Village' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^As at 1 November 2023