For the first time since its construction in 2011, a standalone showroom and office investment site along the Sunshine Coast’s booming Nicklin Way precinct is being offered to market.

The property located at 66 Nicklin Way in Parrearra is being marketed for sale via an expressions of interest campaign through Peter Capps and Will Carman of Savills Sunshine Coast.

Sitting on a total site area of 783sq m, the property features a net lettable area of 397sq m, and offers the incoming owner an estimated net income of $109,980 per annum.

Executive of Sales and Leasing, Peter Capps, said the property has guaranteed rental growth and upside.

“The property has a very strong lease covenant with a long standing major tenant, providing a secure investment to the potential buyer,” Mr Capps said.

Major tenant Red Energy Promotions, who launched their brand on the Sunshine Coast in 2004, lease 82% of the total GFA, with the other 18% leased to a residential tenant.

The property is ideally situated on Nicklin Way, subject to exposure from approximately 50,000 passing vehicles per day.

“Investments of this nature are seldom offered along the busy Nicklin Way Showroom strip,” Mr Capps said.

Expressions of Interest close at 12pm on 6 September 2018.