Retail Mega Mall For Sale, R425m
$26,000,000
27 Fox Odendaal Street, Lephalale, LP 0555, South Africa
For Sale
Commercial
Active
Last Updated: 10/07/2026
9.3
Cap Rate
2,400,000
NOI
Details:
Cap Rate: 9.3%
NOI: $2,400,000
Building Size: 24,510 sqm
Lot Area: 40,000 sqm
Occupancy: 98%
Class: B
Lease Type: Full Service
Year Built: 1980
Zoning: Business
Tenancy: Multiple
Seller Financing: No
Opportunity Zone: Yes
Parking Spots: 300
Investment Strategy: Value Add
Lease Expire Year: 06/15/2030
Description:
Shopping Mall, Lephalale Central, For Sale R425m.
Floor Area 24 510 m2 @ R17 340 per m2 = R425m plus VAT
99% Occupied
Yield 9.3%
Anchor Tenants, Checkers Supermarket and Liquor and Boxer Supermarket
National Tenants; Mr Price, Truworths, Ackermans, Jet, Markhams, Pep, Rage, Exact, Fashion World
Cash Build, Russels, Beares, Tekkie Town, Cash Crusaders, Sleepmasters, Sheet Street, Debonairs and King Pie
Banks; Nedbank, FNB, Capitec, Standard Bank, ABSA and African Bank
Open Parking, Taxi Rank within the Centre.
Roads on all sides
Medupi and Matimba Power Stations are nearby.
Good exposure to passing Vehicles, also high Foot Traffic
Location
Gallery
