Preleased
Retail in Noida
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Retail
Preleased

₹ 4.50 Cr

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Noida, Sector 121

Carpet Area: 480 sq. ft.
Built-up: 800 sq. ft.

This commercial property is situated in Sector-121, Noida. The property is leased out to a well renowned Saloon and generates a monthly rental income ... view more

Earn monthly rental income of ₹ 1,80,000
Your Purchase price
₹ 4.50 Cr

Avg. Rental Yield

5.56%

Price per sq. ft.

₹ 93,750

Lease details

The Tenant providing customers with luxurious experience for Hair, Skin, Hands & Feet, Barber Shop and Makeup with best-in-class products, finest amenities and professionally trained staff. With sophisticated establishments at all prime locations, tailored to meet diversified customers, today there are over 140+ outlets Pan-India.

Tenant Background

Saloon
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,80,000
₹ 2,07,000

You will earn a monthly rental income of ₹ 1,80,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 225/sqft.

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₹ 4.50 Cr
Retail | Preleased