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For Lease | Retail Withdrawn

High Yielding Fast Food & Retail Asset - Long Term Global Tenants

26 Evans Avenue
Mackay, QLD 4740
Inquire About This Property
Rental Price:
Building Size:
674 SQM
Lot Size:
1,988 SQM
Cushman & Wakefield is pleased to present to the market 26 Evans Avenue, Mackay for Sale via Auction. The property has the following key characteristics: - Subway - Renewed 7 year lease to 2028 + options - Longstanding tenant of 15+ years - Gloria Jeans - Renewed & extended 8 year lease to 2029 + options - Subway - Worlds largest sandwich chain across 44,000+ locations - Gloria Jeans - Globally recognised café chain in 50+ countries, operating 200+ stores in Australia - Strong performing fast food and retail centre, major tenants in occupation for 15-30+ years - Highly exposed corner site along North Mackay’s busy retail strip of Evans Avenue, home to IGA, Chemist Warehouse, Domino’s, Liquorland & Puma Energy - Dual-street access with ample on-grade & off-street parking recently upgraded by council to handle high demand - Convenient location 1.5 km from Mackay’s CBD with inbound & outbound bus stops on the doorstep of centre - Mackay - Thriving regional centre home to 117,902 residents, possessing a diverse $17.16 Billion economy supported by its globally recognised resource & engineering sector, agribusiness, construction, logistics, education & tourism - Favourable net leases - Tenants pay outgoings as per leases - Annual increases up to 3% - Net Income $235,878 pa + GST The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm. All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement. Brisbane Live Stream & Bidding Facilities will be available at the below venue; Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals. - Queensland - North
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