Opera Lane, Cork City Centre, Co. CorkPOA For Sale 9,964.00 sqm approx
• Prime retail investment opportunity extending to 9,964 sq m (107,251 sq ft)
• Opera Lane is the premier retail destination located in heart of Cork City Centre, situated just off St. Patrick’s Street linking it to Emmet Place and Cork Opera House
• Tenants include Next, Specsavers, H&M, Skechers, New Look, Therapie and Starbucks
• Net Operating Income of €2,711,682 pa
• WAULT of 4.3 years to break and 7 years to expiry
Seeking offers in excess of €26,750,000 which reflects a very attractive Net Initial Yield of 9.22% (assuming standard purchase costs of 9.96%).