A retail investment opportunity has emerged at Dublin Landings, one of the capital’s most prestigious mixed-use developments. A portfolio of nine retail units, along with five secure car parking spaces, has been brought to market by CBRE with a guide price of €4.5 million.
The north docklands development, a joint venture between Ballymore and Oxley, is home to over 750,000sq ft of office space and 13,750sq ft of retail accommodation, making it an attractive proposition for investors seeking strong rental returns and future growth potential.
High-Profile Tenants and Strong Rental Income
The retail units span a total of 13,750sq ft, with five currently leased to established tenants, generating an annual rental income of €274,500. The portfolio benefits from a weighted average unexpired lease term of eight years, offering stability for investors.
Notable tenants include:
- Fresh Supermarket – a key anchor tenant
- Grafton Barber – a well-known barbershop chain
- Grindstone Café – a popular coffee destination
- Dry & Fly – a premium salon brand
- Bakehouse – a thriving bakery and café
With additional asset management opportunities available across the portfolio, investors have the potential to enhance rental yields through leasing the remaining vacant units.
Dublin Landings: A Growing Commercial Hub
Dublin Landings has rapidly evolved into one of the city’s most sought-after business locations. Major corporate occupiers in the development include:
- Central Bank of Ireland
- A&L Goodbody
- Hannover Re
- National Treasury Management Agency (NTMA)
In addition to its commercial appeal, Dublin Landings features 268 residential apartments, operated by US investment firm Greystar, where rents at Quayside Quarter start at approximately €3,249 per month. This mix of residential and office space is expected to drive sustained footfall for the retail units, further enhancing their investment potential.
Flexible Purchase Options Available
CBRE is offering the retail units for sale through four distinct lots, allowing investors to tailor their purchase according to their strategy:
- Lot 1: Entire portfolio (nine units + five parking spaces)
- Lot 2: Leased units only
- Lot 3: Vacant units only
- Lot 4: Five secure parking spaces
Expert Insights on Market Potential
Zach Collis-Lee of CBRE highlighted the strong investment case for Dublin Landings, stating:
“This is a brilliant opportunity for both value-add and income-driven investors to secure a premium retail asset in one of Dublin’s fastest-growing locations. With ongoing office and residential development in the area, footfall is set to increase significantly, boosting demand for retail services.”
With prime location, strong tenant mix, and potential for capital growth, this retail investment opportunity in Dublin’s north docklands is expected to generate significant interest from both domestic and international investors.
