Thomson 88 has put a single strata retail unit at Thomson Plaza up for sale by EOI. The unit, which spans a strata area of 13,993 sq ft, has a guide price of $39 million, says marketing agent Cushman & Wakefield. The ground-floor property has 58 years left on its 99-year lease and is currently leased to Home-Fix and Chinese restaurant Peach Garden.

According to Cushman & Wakefield, Thomson Plaza has high footfall and a large shopper catchment comprising residents from private homes and public housing in its vicinity. The property is within walking distance of the upcoming Upper Thomson MRT station on the Thomson-East Coast Line.

The EOI exercise will close on Sept 21.

Source: Cushman & Wakefield