This is a wonderful opportunity to obtain some prime, commercial property for a great deal! Negotiate your best deal on this great, classic, Clark commercial mall.
Located within Clark, Pampanga in one of the major commercial centers of Clark. Currently, there are several tenants, mostly major Philippine banks. Many more square meters are available offering an incredible potential return on your investment opportunity for the smart, business-savvy entrepreneur.
This was once a thriving mall in the Clark Freeport with tremendous consumer foot traffic in the nineties before the new rulings on the duty-free stores took effect. With the recent growth of tourism in the Philippines and tourist facilities in Clark, the new Singapore Airlines aircraft maintenance facility, Texas Instruments and the new expat/retirement housing projects sprouting-up; along with numerous other new projects in the area, this is an ideal spot for a new, revived shopping mall.
Leashold rights for 12.5 years as of June 2009.
Total land area of about 10,115 sqm.
commercial building on property of about 6,241 sqm.
Asking Price: 26,902,848 - Negotiate your best deal.