Shopping centres and street retail

Most in demand from investors are shopping malls with stable cash flows, which, as a rule, are secured by a reliable anchor tenant. Another in-demand investment option in this sector is high-quality street retail in central Riga and Jurmala.
SEND REQUEST FOR A SHOPPING CENTRE OR STREET RETAIL PREMISES

Stages in the selection process for commercial property:

  1. Keeping the client’s key requirements and criteria in mind, we offer advice regarding current market conditions and recommend the optimal type of commercial property for them.
  2. We offer the client a few properties in the selected category, and also share the results of the analyses for feasibility and anticipated return, as well as its development potential.
  3. We supervise all the stages of the transaction – from the first meeting to meeting all the requirements of the parties and signing of the documents at the notary’s office.
  4. We will take upon ourselves to organise the property evaluation, in addition to the due diligence and negotiation process.

A few examples of the shopping centres and street retail properties sold by Silver Fox

Shopping Centre
Riga, Bikernieku Street
  • Property: shopping centre. Total area – 3 810 m2.
  • Anchor tenant: the SKY chain supermarket.
  • Location: residential district, on a busy street with a lot of traffic.
Sold
Restaurant site in Old Riga
Riga, Vecpilsetas Street
  • Property: two-floor premises (282 m2) situated in a fully renovated historical building. The entrance to the terrace is on the ground floor.
  • Use: commercial premises. Fully equipped for use of a restaurant.
  • Location: in the heart of Riga, in close proximity to the busy streets of the Old Town.
Sold
Historical building with commercial premises in the centre of Riga
Riga, Lachplesha Street
  • Property: three-floor historical building, located in the historical centre of the city. Total area, 993 m2.
  • Tenants: all the premises are rented out to four tenants – a restaurant with a brewery attached, a beauty parlour and offices.
  • The building was completely rebuilt in 2004, according to the Project for Renovation and Historical Facade Preservation. The property is in excellent condition.
Sold

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