Other tenants in the complex are Pita Pit, Bruce Lee Sushi, Sal's Pizza and a childcare centre.
Oporto pays a net rent of $55,000 a year on an eight-year lease with two six-year rights of renewal, with a final expiry date of 2034.
"This is an opportunity for a smart investor to secure a retail investment in a well-performing and sought-after precinct, with a large customer base," Lee says.
"Lincoln Rd is one of the busiest roads in the country, carrying more the 46,000 cars a day. This, coupled with the high-profile corner, ensures maximum exposure for the property, and is why the quality brands have been secured for the precinct," he says.
The building has a car park at the rear with access off Moselle Ave.
"The new Western Ring Route is due to open in 2017, providing a much-needed second motorway corridor through Auckland to the north, and this traffic will pass the nearby Lincoln Rd off-ramp. The development underpins progress in the area, supporting residential and commercial property growth," Lee says.
Further to the east, a cafe and a store that sells mobile phone accessories and repairs technology, are for sale in the Royal Oak Shopping Mall at 691 Manukau Rd near the intersection with Campbell Rd, Mt Smart Rd and Mt Albert Rd.
Units E and R are for sale separately or together and have prime positions on either side of the main entrance to the shopping mall, which has more than 50 shops including Pak'nSave, Subway, ANZ Bank and McDonald's. Open seven days a week, it is accessed from Manukau Rd and Mt Albert Rd, and has 778 customer car parks.
Unit E of 56sq m is tenanted by Extract Coffee and Juice, a cafe that provides high quality food and drinks. The tenant has a four-year lease with a current expiry of 2017 and a net rental of $32,000.
Nearby, Unit R of 41sq m is tenanted by Sinus Iridum, which sells mobile phone accessories and carries out mobile phone and computer repairs. It has a four-year lease that has a current expiry of 2018 and provides a net rental income of $22,000.
"This mall is close to the intersection of four roads in the heart of the suburb of Royal Oak and services a large residential area and links Onehunga, Penrose and Greenlane," Chan says.
"It is only 10 minutes from Auckland's CBD and five minutes from the State Highway 1 north-south and the State Highway 16 western motorways.
"Given their location in the main mall atrium, these properties are in a key position that links shoppers to the main car park and Pak'nSave, and receive one of the highest levels of pedestrian exposure in the shopping mall."
Chan says the sale is an opportunity to secure well-located properties with tenancies already in place.
Bayleys says Kiwis' retail spending remains high.
"Recent figures from Paymark, which processes about 75 per cent of all electronic transactions in New Zealand, showed Kiwi shoppers swiped their cards almost 90 million times during the month of May.
"The figures represent an 8 per cent growth rate for the month compared to the previous year and indicate consumers have an increasing appetite when it comes to retail shopping.
"The hospitality sector was among the most active with a 14 per cent increase year-on-year."
