Office For Sale and Investment in Mumbai

Preleased

Office in Mumbai

Office

Preleased

235 people have shown interest in this property!

₹ 9.80 Cr

Click here to get loans up to ₹ 5.88 Cr!

Mumbai, Andheri

Carpet Area: 3,100 sq. ft.

This commercial property is situated in Andheri, Mumbai. The property is leased out to a well renowned Chemical Manufacturing MNC and generates a mont... view more

Earn monthly rental income of ₹ 6,43,000

Your Purchase price

₹ 9.80 Cr

Avg. Rental Yield

8.46%

Price per sq. ft.

₹ 31,613

Building Information

Lease Details

Pricing

Financials

Building information

It is a commercial development located at Chandivali, Mumbai. It offers very good accessibility in terms of transportation and is at close proximity to Andheri railway station.

Year built

2000

Why to invest?

1It benefits from close connectivity with domestic and Chhatrapati Shivaji International airport

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

324x7 security surveillance

Lease details

Largest Chemical Coating manufacturer in the world with over 100 Million dollars in revenue and over 100 Cr of equipment in the office

Tenant Background

Chemical Manufacturing MNC

Lease tenure

5 years

Lockin Period

3 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

January 2021

Lockin End Date

January 2024

Lease End Date

January 2026

Current monthly rent₹ 6,43,000

Rent after escalation₹ 7,39,450

Monthly rent details

You will earn a monthly rental income of ₹ 6,43,000. The rent will escalate by 15% every 3 years.

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₹ 9.80 Cr

Office | Preleased