Commercial Property To Rent ANCHOR TENANT OPPORTUNITY - CASCADES SHOPPING CENTRE, LITTLE FALLS 746 Victoria Avenue , Roodepoort West, Roodepoort

Property description

Prime Retail Space To Let | 1,600 m² | R250,000 per month excluding VAT

An exceptional opportunity awaits an established retailer or national retail brand to secure a substantial 1,600 m² retail space at Cascades Shopping Centre in Little Falls, Roodepoort.

With a monthly rental of R250,000, this space presents an opportunity for a retailer to establish a strong presence within an established neighbourhood shopping centre serving the Little Falls community and surrounding western suburbs of Johannesburg.

A Strategic Retail Opportunity

Little Falls is a well-established residential and commercial node, surrounded by residential estates, townhouse complexes, schools, businesses and growing communities. This creates an attractive catchment for retailers looking to serve local residents and benefit from convenient neighbourhood shopping.

For a retailer seeking to expand its footprint, this is an opportunity to secure a significant retail presence in the area. Depending on the retailer's business model, the space could accommodate a supermarket, furniture and homeware retailer, discount retailer, home improvement outlet, specialist retail chain or another large-format retail concept, subject to landlord approval and applicable requirements.

An anchor tenant can play a key role in attracting customers to a shopping centre, generating repeat visits and supporting the surrounding tenant mix.

Excellent Accessibility and Surrounding Retail Nodes

The centre benefits from its position within the established Little Falls retail area, with access to key arterial routes including Hendrik Potgieter Road and the surrounding Waterval Road network. These routes connect Little Falls with Roodepoort, Wilgeheuwel, Strubens Valley, Weltevreden Park and the broader West Rand.

The surrounding retail environment includes established destinations such as:

• Kwena Square, with Checkers and complementary convenience retailers.
• The Falls Shopping Centre, anchored by Pick n Pay and supported by food, pharmacy and service businesses.
• Lifestyle Crossing, offering grocery shopping, health and wellness services, and specialist retailers.
• Retail Crossing, with established grocery, pharmacy and other retail offerings.
• Clearwater Mall, a major regional shopping destination serving the wider Roodepoort area.

This established retail activity demonstrates the importance of the wider Little Falls and western Roodepoort shopping corridor and the area's appeal to retailers serving local households.

Who Should Consider This Opportunity?

The premises may suit a retailer looking to establish or expand a large-format operation, including:

• Supermarkets and grocery retailers
• Discount and value retailers
• Furniture, homeware and decor retailers
• Home improvement and building supply retailers
• Health, wellness and specialist retail concepts
• National or regional retail brands seeking a strategic West Rand location

The space and proposed use will be subject to the relevant approvals, lease terms and suitability of the premises for the intended business.

Rental and Additional Costs

Available floor area: 1,600 m²
Monthly rental: R250,000
Rental basis: Excluding VAT and additional operating costs

The gross rental excludes:

• VAT
• Rates and taxes
• Utilities
• Operational expenditure (OPEX)
• Cleaning services
• Water consumption
• Electricity consumption

Prospective tenants should budget for these additional costs when assessing the overall occupancy expense.

Secure Your Retail Presence in Little Falls

This is an opportunity for an established retailer to secure a substantial retail footprint within an established community shopping destination and strengthen its presence in the West Rand market.

For retailers evaluating expansion opportunities, the strategic positioning of an anchor tenant can be an important consideration in establishing a long-term customer base and creating a destination for the surrounding community.