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Preleased

₹ 2.75 Cr

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Bangalore, Banaswadi

Carpet Area: 1,520 sq. ft.

Built-up: 1,900 sq. ft.

This commercial property is situated in Banaswadi , Bangalore. The property is leased out to a well renowned Restaurant and generates a monthly rental... view more

Earn monthly rental income of ₹ 1,20,000

Your Purchase price

₹ 2.75 Cr

Avg. Rental Yield

6.16%

Price per sq. ft.

₹ 18,092

Lease Details

Pricing

Financials

Lease details

Tenant is an American multinational pizza restaurant chain founded in 1960.

Tenant Background

Restaurant

Lease tenure

9 years

Lockin Period

9 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

January 2021

Lockin End Date

January 2030

Lease End Date

January 2030

Current monthly rent₹ 1,20,000

Rent after escalation₹ 1,38,000

Monthly rent details

You will earn a monthly rental income of ₹ 1,20,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 63/sqft.

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₹ 2.75 Cr

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