SPRINGFIELD
SPRINGFIELD
PROPERTY SUMMARY
SPRINGFIELD (URBAN GROWTH SAB)
TOTAL SIZE (SQM): 23 054
TOTAL TENANTS: 1
ANCHOR TENANTS: SOUTH AFRICAN BREWERIES
LEASE TERM REMAINING: 5 YEARS
TYPE LEASE: TRIPLE NET LEASES
MONTHLY RENTAL: R525 000
OTHER: 30KVA GENERATOR
VALUATION (31 DEC 2022): R66 000 000
Example 3
The property is an A-grade industrial warehouse space with offices and an ablution block for truck drivers. There is also a large yard for trucks to park and turn around within the premises.
The property also houses its own fueling station, which is a necessity for the tenant allowing its trucks to refuel in its yard. They are also able to service trucks on-site, making it easier and more efficient to get trucks back on the road.
SITE LOCATION
South African Breweries is a major brewery headquartered in Johannesburg, South Africa. It is of Anheuser-Busch InBev.
The company owns over 200 beer brands, including Budweiser and Bud Light, Corona, and Stella Artois, to name a few.
