MACE, Kilcarbery Grange Avenue , Kilcarbery, Dublin 22, D22 XKC7 – €1,200,000

Description

Newly built retail investment let to Akber Holdings Limited t/a MACE on a new 25-year lease DNG are delighted to bring to market this newly built, fully let retail unit at Kilcarbery Grange, a new community of over 1,000 homes. Investment Highlights • The only retail unit in a scheme of over 1,000 homes • Let to Akber Holdings Limited t/a MACE on a new 25-year FRI lease from December 2025 • Passing rent: €87,188 per annum (€30 psf) • Fixed uplift at year 5 to €101,719 per annum (€35 psf) • Tenant break option at expiry of year 15 • Personal guarantee from the tenant’s director • NIY: 6.6% rising to 7.71% at year 5 The Property The unit was completed in December 2025. The tenant has fitted it out as a MACE convenience store with an off-licence, a Pizzadough pizzeria, a full deli, a Smooch ice cream stand and an Açaí bowl bar. Location Kilcarbery Grange is a joint venture between South Dublin County Council and Adwood Ltd, designed by BKD Architects. The scheme mixes houses, duplexes and apartments, and includes a civic square, a community building, a crèche and extensive green space. It overlooks Corkagh Park, one of Dublin’s largest parks, and lies between the villages of Clondalkin and Lucan. Grange Castle Business Park next door is home to major employers including Pfizer. Transport The development opens directly onto the Outer Ring Road, which gives quick access to the N4, N7 and M50. Clondalkin Fonthill and Adamstown train stations and the Luas Red Line at the Red Cow are all close by, each with park and ride. Several Dublin Bus routes serve the city centre and the Docklands. Tenants Not Affected

BER Details

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