Marshes Shopping Centre, Dundalk

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Marshes Shopping Centre, Dundalk

Marshes Shopping Centre, Dundalk – For Sale by Private Treaty

Vibrant Regional Scheme on 27.6 Acres – Acting as de facto Town Centre of Dundalk
Rapidly Growing Computer & WFH Catchment – Anticipated 12% population growth by 2027 due to “dual-city” focus
Internet Resilient Anchors – Penneys & Dunnes Stores 55% of Total Area
Strong Income Profile – 9.7% NIY / 9.2% NOI* (two lettings from 100%-unit occupancy)
Exceptional Build Quality & Finish – Development Cost in excess of €120m+
Diverse and Quality Income Profile – 93% Occupiers National & International / 28% Lifestyle, Health, Hair & Beauty
Low Capex Exposure – No basement car park, MSCP or material mobility plan
Multiple Asset Management Opportunities – Car park, development sites, unit lettings, recovery of turnover & commercialisation

Location

Dundalk is the largest town in Co. Louth with a population of over 40,000. Dundalk is situated just 84 km north of Dublin City Centre, 35 km north of Drogheda and 83 km south of Belfast. Dundalk is strategically positioned on the M1 corridor which connects Ireland’s two largest cities, Dublin and Belfast and acts as the centre of economic activity in Ireland with established multinational and indigenous businesses across multiple industry sectors.

Dundalk has witnessed considerable investment in the last number of years, primarily in the form of large residential, commercial and infrastructural developments. Most notable is the development of a new multimillion euro biopharma facility by Chinese pharmaceutical firm WuXi Biologics. The facility is nearing completion and will lead to the creation of 400 jobs when in full production.

FURTHER INFORMATION AND DATA ROOM ACCESS

Further detailed information, including tenancy schedules and additional documentation is available in the dedicated data room.fitzwilliam28.ie

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The property is held by way of Freehold title.

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