Newly Established Shopping Mall for Sale in Muscat, Oman

- Property type: Freehold commercial real estate: A three‑storey shopping mall in North Al Hail, Seeb, Muscat on Sultan Qaboos main street near Muscat International Airport.
- Size & capacity: Land 19,949 sqm, built-up area 37,811 sqm, parking for 550 cars, suitable for high footfall retail and parking‑dependent mall operations.
- Tenant mix & retail focus: Around 225 active tenants, primarily kiosks and shops specializing in Chinese products which include retail merchandising, import goods, discount retail and specialty kiosks.
- Occupancy & rental income: Around 90% occupancy of 17,857 sqm leasable area; average rent OMR 8 to 10 per sqm generating approx. OMR 515,775 monthly rental income (rent roll / tenancy schedule available).
- Facilities & amenities: Central AC, escalators, lifts, food court, hypermarket/anchor space (no cinema), power backup, security and mall Wi‑Fi — supports shopping mall management and customer experience.
- Operating economics: Annual operations & maintenance around 1% of rent, no reported outstanding loans or liabilities, clean balance sheet and predictable O&M (operations and maintenance) cost structure.
- Approvals & ownership: Freehold ownership with completion and municipal approvals in place and completion certificate available ready for transfer and immediate operation.
- Investment proposition: Asking price OMR 22.8 million (negotiable), cashflow positive asset with high rental yield potential in prime Muscat retail location.
- Next steps / due diligence: Seller can provide site plan, tenancy schedule, rent roll, approvals, completion certificate and service charge breakdown for investor review and listing.