- Property type: Commercial Space
- Offer type: For Rent
- City: Phnom Penh
- Neighborhood: Daun Penh
- Original Property ID: DP8.C1
- Property size: 720 m²
- Lot size: 240 m²
- Air-Conditioning connection
- City Centre
- Close to Aeon 1
- Close to Central Market
- Close to French Embassy
- Close to schools
- Corner block
- Development potential
- EDC and Water State rates
- Good exposure
- Good ROI
- Good visibility
- High ceilings
- Natural light
- Off-street parking
- Road access
Commercial and retail building with 3 floor and total floor space of 720sqm in central Phnom Penh near BKK 1, Riverside and Vattanak Tower is now available for rent.
The ground floor retail space, first and second floor offices spaces are suitable for showroom and supporting staff accommodation.
Each floor offers 80sqm of open plan space and is provided with standard lighting, power sockets and A/C connections.
This building is located along one of Phnom Penh’s main arterial routes and provides excellent visibility and commercial exposure.
There is a monthly ATM income generated by the property.
Original ID: DP8.C1
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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.
Riverside: the real downtown
Riverside is the real downtown. It is where the old city is found. Here is Wat Phnom, Phsar Chas, Phsar Kandal, Chey Chumneas and Chaktomuk.
Previous generations’ footprints are here from Angkor kings to French colonists to UN troops.
Day and night it is busy and is a very popular tourist spot.
Sisowath Quay (in honor of King Sisowath) is the road on the riverfront. It starts at the Buddhist Institute (near Sothearos Boulevard) and continues north to Japanese Bridge. There it becomes Road 6 leading out of the city.
Riverside has a wide choice of restaurants, wellbeing services, hotels, shops and bars. Among the restaurants, you will find Italian, French, Japanese, Vietnamese, Indonesian and Malaysian.
Riverside is where the Mekong, Tonle Sap and Bassac rivers meet.
It is also where the Water Festival is best seen each year and is always stunning. Especially at sunrise and sunset.
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.
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.
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- ID: 7674
- Published: July 11, 2022
- Last Update: October 11, 2022
- Views: 826