Preleased

Office in Mumbai

Image unavailable

Office

Preleased

₹ 49.92 Cr

Click here to get loans up to ₹ 29.95 Cr!

Mumbai, Andheri

Carpet Area: 24,358 sq. ft.

Built-up: 40,597 sq. ft.

This commercial property is situated in Andheri, Mumbai. The property is leased out to a well renowned Logistics Company and generates a monthly renta... view more

Earn monthly rental income of ₹ 31,66,540

Your Purchase price

₹ 49.92 Cr

Avg. Rental Yield

8.18%

Price per sq. ft.

₹ 20,492

Building Information

Lease Details

Pricing

Financials

Building information

The presence of established physical & social infrastructure, proximity to airport and availability of key office / industrial entities in and around the locality.

Year built

2007

Why to invest?

1Good connectivity to bus stops & metro

2Higher rental yield options available due to increasing demand in the locality

3Excellent Tenants with low vacancy rate

Lease details

Tenant is a Logistics Company founded in 2016 and shipping to upto 150 countries.

Tenant Background

Logistics Company

Lease tenure

5 years

Lockin Period

3 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

December 2021

Lockin End Date

December 2024

Lease End Date

December 2026

Current monthly rent₹ 31,66,540

Rent after escalation₹ 36,41,521

Monthly rent details

You will earn a monthly rental income of ₹ 31,66,540. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 78/sqft.

Do you want to visit the property now?

You can easily schedule a new property visit by single click

Get free investment advice from Real Estate Veterans!

Contact our real estate experts

Enter your contact details and someone from our team will get in touch with you shortly to answer all your queries.

₹ 49.92 Cr

Office | Preleased