Preleased
Retail in Noida
Preleased Retail in Techzone-4, Noida, Noida
Retail
Preleased

₹ 48.50 L

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Noida, Techzone-4, Noida

Carpet Area: 116 sq. ft.
Built-up: 194 sq. ft.

This commercial property is situated in Techzone-4, Noida, Noida. The property is leased out to a well renowned Bakery and generates a monthly rental ... view more

Earn monthly rental income of ₹ 23,280
Your Purchase price
₹ 48.50 L

Avg. Rental Yield

6.67%

Price per sq. ft.

₹ 41,810

Lease details

The Tenant is gourmet family-owned pastry shop which started in the heart of Lucknow ,Now we have our factories and retail outlets in Kanpur and Delhi also. Our Bakery produces delectable pastries that combine classic Asian traditions with modern flavors for the contemporary palette... Our Bakery provides cutting-edge designed wedding dessert creations using delicious fruits like, apple, strawberries or other fresh fruits to create Mousse cakes, Luscious tarts and a variety of handcrafted Asian pastries specialties.

Tenant Background

Bakery
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 23,280
₹ 26,772

You will earn a monthly rental income of ₹ 23,280. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 120/sqft.

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₹ 48.50 L
Retail | Preleased