THE LEASE A very unique lease with an impressive façade which offers the retailer a most significant exposure towards Strøget and customers. The lease has great windows and a wide glass entrance and in the current configuration one can benefit from facade metres and exposure on the 1st floor as well. The lease comprises 1,311 m² in total of which sales area on ground floor is 608 m², storage in basement is 628 m² and share of common area is 75 m². Optional 1st floor of 577 m² can be let subject to further agreement - with a total lettable area of up to app. 1,900 m². All levels are connected by an internal elevator as well as escalators connecting ground floor and 1st floor - both ways. The 1st floor has a beautiful atrium. In general the lease is very light and has an inviting atmosphere with a regular and manageable sales area. The interior layout of the lease allows for various presentations of the conceptual products.
THE LOCATION The lease is located in the developing part of Strøget and recent new entrant JD Sports has chosen this part of Strøget for their flagship store - probably supported by the fact that the location is characterized by a most intensive footfall. Bestseller is rebuilding their property for a spectacular new flagship store and the first - and one and only - Pharmacy has opened in October 2019 in this high street. This part of Strøget is seen as an opportunity for upgrade and transformation as previously seen with the completion of Købmagergade. Hence, the majority of the property owners in the street have formed an association with the purpose of improving this part af Strøget - offering customers a distinct shopping experience in the years to come. The new Metro city-line has opened as well, which is expected to influence the footfall as well. A lease in this area offers competent retailers to benefit from these trends on very attractive lease terms and yet the lowest prime rent per m² per year. The tenant mix is mid-level brands - both national and international.