Super location commercial space for rent BKK 1 | central Phnom Penh
- Property type: Commercial Space
- Offer type: For Rent
- City: Phnom Penh
- Neighborhood: BKK 1
- Original Property ID: BKK1.AC10
- Bathrooms: 2
- Property size: 230 m²
Commercial and retail space with a large, open plan ground floor space of 320sqm in a super location in BKK 1, central Phnom Penh, is now available for rent.
It is ideal as a retail or food outlet, mart or showroom with adjoining office accommodation and it has plenty of existing standard lighting, power sockets and A/C connections.
This building is located along one of Phnom Penh’s main roads and provides excellent visibility and commercial exposure.
There is potential for an ATM income generated by the property, cafe or outdoor eateries too.
Original ID: BKK1.AC10
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Abode Real Estate has an apartment, condo, office space for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.
About BKK 1:
Boeung Keng Kang (BKK) 1 is an exclusive area in central Phnom Penh. Bordered by Sihanouk, Norodom, Mao Tse Tung and Monivong Boulevards.
BKK 1 is in the centre of Phnom Penh and a popular area with embassies, banks, hotels, restaurants, shops and bars.
Many deals are made here, and it is known by many as the ‘foreign capital’. It is pricey, but attractive for businesses especially on streets 278, 282, 63 and 51.
Apartments and hotels are mid to upper standard due to location and build quality.
Here you will find the embassies of Switzerland, Bulgaria, Brunei and Sweden and various NGOs and international companies.
Many schools offering world standard education are also located in this area.
BKK market is located in the south of the Khan, offering a range of goods including fresh food, clothes, jewelry, money exchanges and household goods.
Augmenting the market is a wide selection of international F + B options world including coffee shops and bakeries.
After dark the streets are alive with bars, clubs, hotel rooftops and restaurants open for punters.
Things are pricier but you won’t want for much more. This neighborhood has pretty much everything.
Major retail to dominate city by 2025
According to a recent report, major retail spaces in the city of Phnom Penh are expected to dominate, growing to just under 1M sqm by 2025 across 62 shopping destinations.
This phenomenon is driven by the now global expectation of the youth generation (Gen Z and Millennials).
Quite simply, they want more and better shopping. They also want a wide range of entertainment options under one safe and comfortable air-conditioned roof.
They differ from previous generations in that they consider the journey to be as important as the destination. If not, more.
Shopping isn’t just about buying stuff, it’s about meeting friends and sharing experiences.
More and more, we are witness to product launches, fashion shows, dance and singing competitions (the list goes on) offered as extras to the shopping environment.
This is changing the major retail landscape in most cities across the globe… and now Phnom Penh.
Investing in Cambodia
Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.
The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.
What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.
Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.
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- ID: 17524
- Published: February 2, 2023
- Last Update: February 2, 2023
- Views: 126