RETAIL FOR RENT IN B1 MALL, AL BARSHA 1
Knight Frank is delighted to exclusively bring you this community retail asset, with a gross leasable area of 125,000 sq. ft.
It is located in one of the most well-established neighbourhoods in Dubai (directly opposite Mall of the Emirates) with a catchment size of 214,603 nationals and residents within a 3km radius, catering to both middle-income expat households and high-income UAE nationals.
We are targeting only best in class brands that will enhance the overall asset value, maintaining a highly selective standard across all categories. Some of the existing brands are:
* Grandiose Supermarket
* Tim Hortons
* Bougee Lounge Cafe
* IHOP and Applebee's
* Pappa Roti
* Coffee & Roses
* Beirut Streets
* Seven Hotpot
* Mumuso
* Al Fuad Exchange
* Metal East Records
The finishes are very high end with up to 6m double ceiling height frontage, facing directly onto MOE. The positioning is boutique and relaxed, smart and refined, yet chilled and approachable.
The development comprises of 11 individual buildings (28 units- 15 F&B) all connected by a temperature-controlled concourse at the rear, avoiding the common seasonality issues faced by other pedestrian friendly projects.
Commercial Terms:
* Base Rent - AED 140 per sq. ft
* Service Charge - AED 30 per sq. ft
* 10% Reservation Payment
* 10% Security Deposit
* 10% Fit out Deposit
* 5% Promotion & Marketing Contribution
NOTE: Price indicated is exclusive of VAT and service charge
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.
Ground Floor Half | Brand New Community Mall
Property Type:
Retail
Property Size:
8,128 sqft / 755 sqm
Location
B1 Mall
Dubai, Al Barsha, Al Barsha 1
Agent
Dervla Duncan-Cox
Knight Frank - Commercial
(198 Properties)
Description
It is located in one of the most well-established neighbourhoods in Dubai (directly opposite Mall of the Emirates) with a catchment size of 214,603 nationals and residents within a 3km radius, catering to both middle-income expat households and high-income UAE nationals.
We are targeting only best in class brands that will enhance the overall asset value, maintaining a highly selective standard across all categories. Some of the existing brands are:
* Grandiose Supermarket
* Tim Hortons
* Bougee Lounge Cafe
* IHOP and Applebee's
* Pappa Roti
* Coffee & Roses
* Beirut Streets
* Seven Hotpot
* Mumuso
* Al Fuad Exchange
* Metal East Records
The finishes are very high end with up to 6m double ceiling height frontage, facing directly onto MOE. The positioning is boutique and relaxed, smart and refined, yet chilled and approachable.
The development comprises of 11 individual buildings (28 units- 15 F&B) all connected by a temperature-controlled concourse at the rear, avoiding the common seasonality issues faced by other pedestrian friendly projects.
Commercial Terms:
* Base Rent - AED 140 per sq. ft
* Service Charge - AED 30 per sq. ft
* 10% Reservation Payment
* 10% Security Deposit
* 10% Fit out Deposit
* 5% Promotion & Marketing Contribution
NOTE: Price indicated is exclusive of VAT and service charge
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai and Saudi Arabia.
Reference:
L195131
Listed:
2 months ago
Broker ORN:
11964
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