Preleased
Retail in Navi Mumbai
Preleased Retail in Palm Beach Road, Vashi, Navi Mumbai
Retail
Preleased

₹ 12.00 Cr

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Navi Mumbai, Palm Beach Road, Vashi

Carpet Area: 5,600 sq. ft.
Built-up: 9,333 sq. ft.

This commercial property is situated in Palm Beach Road, Vashi, Navi Mumbai. The property is leased out to a well renowned Restaurant and generates a ... view more

Earn monthly rental income of ₹ 6,30,000
Your Purchase price
₹ 12.00 Cr

Avg. Rental Yield

7.42%

Price per sq. ft.

₹ 21,429

Lease details

Founded in Hyderabad in 2013, this restaurant specializes in Barbeque food. Their success in this niche segment has enabled them to open 42 outlets across India and 2 in Dubai.

Tenant Background

Restaurant
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 6,30,000
₹ 7,24,500

You will earn a monthly rental income of ₹ 6,30,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 68/sqft.

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₹ 12.00 Cr
Retail | Preleased