Preleased
Retail in Gurgaon
Preleased Retail in MG Road, Gurgaon
Retail
Preleased

₹ 3.92 Cr

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Gurgaon, MG Road

Carpet Area: 1,275 sq. ft.
Built-up: 2,125 sq. ft.

This commercial property is situated in MG Road, Gurgaon. The property is leased out to a well renowned Apparel and generates a monthly rental income ... view more

Earn monthly rental income of ₹ 2,12,500
Your Purchase price
₹ 3.92 Cr

Avg. Rental Yield

7.65%

Price per sq. ft.

₹ 30,769

Lease details

The Tenant is an Indian retail company and a subsidiary of Reliance Industries Limited. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs.

Tenant Background

Apparel
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 2,12,500
₹ 2,44,375

You will earn a monthly rental income of ₹ 2,12,500. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 100/sqft.

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₹ 3.92 Cr
Retail | Preleased