Preleased
Retail in Gurgaon
Preleased Retail in Sector 83, Gurgaon
Retail
Preleased

₹ 4.17 Cr

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Gurgaon, Sector 83

Carpet Area: 500 sq. ft.
Built-up: 834 sq. ft.

This commercial property is situated in Sector 83, Gurgaon. The property is leased out to a well renowned Eyewear Retail Store and generates a monthly... view more

Earn monthly rental income of ₹ 1,40,999
Your Purchase price
₹ 4.17 Cr

Avg. Rental Yield

4.36%

Price per sq. ft.

₹ 83,333

Lease details

The tenant is an Indian optical prescription eyewear retail chain, based in the city of New Delhi, India. As of September 2020, it had 500+ stores in over 40 cities in India. Its manufacturing facility in New Delhi manufactures 3 lakh glasses a month.

Tenant Background

Eyewear Retail Store
Lease tenure

9 years
Lockin Period

2 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,40,999
₹ 1,62,149

You will earn a monthly rental income of ₹ 1,40,999. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 169/sqft.

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₹ 4.17 Cr
Retail | Preleased