Few commercial corridors in West Auckland carry the same daily momentum as Lincoln Rd - a route that has steadily evolved from light industrial fringe into one of the region’s busiest mixed commercial strips.
Set prominently along this well-travelled arterial, 199B Lincoln Rd, Henderson, is now being offered to the market by Nick Wilson and Meir Alfassi of Barfoot & Thompson Commercial, by deadline private treaty, closing 12 noon, Wednesday April 1.
The two-level commercial building provides approximately 2365sq m of floor area and currently returns $431,288 plus GST annually across seven separate tenancy areas.
Occupiers include a supermarket, restaurant, physiotherapy clinic and yoga studio, alongside other service-based operators that cater to the surrounding residential and commercial catchment.
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One office tenancy on the upper level is currently vacant, presenting an immediate leasing opportunity for a new owner.
Wilson says the freehold asset offers a combination of scale, location and tenant spread that is becoming harder to find in established West Auckland commercial precincts.
“Lincoln Rd continues to attract a wide range of businesses because of the visibility and access it provides,” he says. “For investors, that diversity of occupiers helps underpin consistent demand and spreads risk across multiple tenancies.”
The property benefits from a high-profile roadfront position about 1.2km from the SH16 interchange, placing it within easy reach of the wider Auckland motorway network.
Ownership includes a quarter share of the wider 10,639sq m landholding, along with access to 218 shared car parks across the four-unit complex - a notable advantage in a location that sees high daily traffic volumes.
Zoned Business - Light Industry under the Auckland Unitary Plan, the area supports a wide range of commercial and industrial activity serving the rapidly expanding West Auckland catchment.
For Wilson, that combination of exposure, tenant diversity and location is what makes the property stand out.
“Lincoln Rd is one of those places where the activity never really stops,” he says. “Assets here tend to stay busy - and that’s exactly what investors want to see.”
- Supplied by Barfoot & Thompson
