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Retail Showroom

Preleased

₹ 7.65 Cr

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Mumbai, Mahalaxmi

Carpet Area: 2,500 sq. ft.

Built-up: -

This commercial property is situated in Mahalaxmi, Mumbai. The property is leased out to a well renowned Furniture Store and generates a monthly renta... view more

Earn monthly rental income of ₹ 3,02,000

Your Purchase price

₹ 7.65 Cr

Avg. Rental Yield

5.02%

Price per sq. ft.

₹ 30,600

Lease Details

Pricing

Financials

Lease details

Tenant has an extensive range of furniture, lighting solutions and accessories for every occasion.

Tenant Background

Furniture Store

Lease tenure

5 years

Lockin Period

2 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

April 2022

Lockin End Date

April 2024

Lease End Date

February 2027

Current monthly rent₹ 3,02,000

Rent after escalation₹ 3,47,300

Monthly rent details

You will earn a monthly rental income of ₹ 3,02,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ ∞/sqft.

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₹ 7.65 Cr

Retail Showroom | Preleased