Preleased
Retail in Gurgaon
Preleased Retail in Golf Course Road, Gurgaon
Retail
Preleased

₹ 11.00 Cr

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Gurgaon, Golf Course Road

Carpet Area: 3,060 sq. ft.
Built-up: 5,100 sq. ft.

This commercial property is situated in Golf Course Road, Gurgaon. The property is leased out to a well renowned Gym and generates a monthly rental in... view more

Earn monthly rental income of ₹ 4,60,000
Your Purchase price
₹ 11.00 Cr

Avg. Rental Yield

5.39%

Price per sq. ft.

₹ 35,948

Lease details

The Tenant is a franchise of 24-hour health and fitness clubs that is headquartered in Woodbury, Minnesota, United States. The company operates over 4,000 franchised locations in 50 countries. The gym facilities are open 24 hours a day, 365 days of the year.

Tenant Background

Gym
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 4,60,000
₹ 5,29,000

You will earn a monthly rental income of ₹ 4,60,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 90/sqft.

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₹ 11.00 Cr
Retail | Preleased