Property Location
The Kumasi City mall is situated on the corner of Lake and Hudson roads in Kumasi.
Completed in 2017, it is the only first-grade retail asset in Ghana’s second largest city that has introduced convenient shopping in a high-populated area.
<>With a inhabitants approaching that of Accra and strong commercial and trading base, Kumasi’s growth is underpinned by a burgeoning middle class. The shopping center with an Net Operating Income (NOI) of $3.8mn and an occupancy rate of 89% represents a sole opportunity to tap into the city’s growing potential.
Key Metrics
- Net Operating Income (2020): Approx $4.0 Million
- Gross Leasable Area:18,492 sq. m
- Occupancy:c. 89%
- Number of Tenants:53
- Land Size:23.7 acres
- Parking Bays:1,145
- Lease Term36years
- Average Lease Length:4 years 6 months
Sell Your Property
Contact us on +233 24 885 2434 or send us an email via william.bobie@leadenhallgh.com
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