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Retail

Preleased

₹ 12.56 Cr

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Navi Mumbai, Vashi

Carpet Area: 785 sq. ft.

This commercial property is situated in Vashi, Navi Mumbai. The property is leased out to a well renowned Jewellery Shop and generates a monthly renta... view more

Earn monthly rental income of ₹ 4,71,000

Your Purchase price

₹ 12.56 Cr

Avg. Rental Yield

4.77%

Price per sq. ft.

₹ 1,60,000

Lease Details

Pricing

Financials

Lease details

It is an-India jewellery retail store with an establishment since five decades.

Tenant Background

Jewellery Shop

Lease tenure

5 years

Lockin Period

2 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

November 2022

Lockin End Date

November 2024

Lease End Date

November 2027

Current monthly rent₹ 4,71,000

Rent after escalation₹ 5,41,650

Monthly rent details

You will earn a monthly rental income of ₹ 4,71,000. The rent will escalate by 15% every 3 years.

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₹ 12.56 Cr

Retail | Preleased