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

₹ 21.46 Cr

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Gurgaon, MG Road

Carpet Area: 1,287 sq. ft.
Built-up: 2,146 sq. ft.

This commercial property is situated in MG Road, Gurgaon. The property is leased out to a well renowned Clothing Showroom and generates a monthly rent... view more

Earn monthly rental income of ₹ 12,24,078
Your Purchase price
₹ 21.46 Cr

Avg. Rental Yield

7.36%

Price per sq. ft.

₹ 1,66,667

Lease details

The tenant is a global fashion brand based in Italy founded in 1965. The group has a network of about 5,000 stores worldwide. It is a wholly owned subsidiary of the holding company Edizione.

Tenant Background

Clothing Showroom
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 12,24,078
₹ 14,07,690

You will earn a monthly rental income of ₹ 12,24,078. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 570/sqft.

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₹ 21.46 Cr
Retail | Preleased