detailed description
RCI - REFFAY Christophe Immobilien is pleased to present
A NEW COMMERCIAL SPACE (COMPLETION SCHEDULED FOR MARCH 2027) FOR RENT IN HOLLERICH
This commercial space of approximately 144 m² is located on the ground floor of a building currently under construction at 107 Rue d’Hollerich in L-1741 Luxembourg.
Located at the heart of the Nei Hollerich urban development project and in the immediate vicinity of the Parc Landewyck district (125,000 m² of gross floor area), this location is set to become a central commercial hub serving thousands of new residents and office workers. The premises are ideally suited for a pharmacy, a business that benefits from a significant competitive gap in the immediate vicinity.
The location at 107, rue d’Hollerich offers compelling arguments for establishing a pharmacy. The entire western corridor of the City of Luxembourg—which spans Hollerich, parts of Cessange, and the future Nei Hollerich neighborhood—currently suffers from a lack of pharmaceutical infrastructure.
COMPETITIVE LANDSCAPE — NO DIRECT COMPETITOR WITHIN 1.3 KM
Nearest Pharmacy Distance Direction Catchment Overlap
Pharmacie Merl: ~1.3 km North Low — serves Merl district
Pharmacie de Gasperich: ~1.6 km South-East Low — neighbourhood pharmacy
Pharmacie Place de Strasbourg: ~1.6 km East Minimal — Gare district
Pharmacie de la Liberte: ~2.0 km East None — Av. de la Liberte corridor
Pharmacie de Bonnevoie: ~2.3 km East None — different catchment
STRATEGIC ADVANTAGES FOR PHARMACY OPERATORS
Regulatory competitive advantage: Pharmacy licenses in Luxembourg are strictly regulated by the Ministry of Health and capped based
on population density. Securing this location first offers territorial exclusivity in a rapidly growing urban neighborhood.
Captive demand: the thousands of new residents from the Nei Hollerich and Parc Landewyck real estate developments, combined with over 50,000 m² of new office space, guarantee a large and growing customer base that currently has no pharmacy to serve it.
First-mover advantage: the operator securing this site effectively prevents competitors from establishing themselves in the neighborhood for years, given the licensing requirements and the population-based allocation framework.
CONTACT & INFORMATION
RCI – REFFAY Christophe Immobilien
691 661 661
christophe.reffay@rci.lu
Please feel free to contact us for any inquiries or to schedule a visit.