Preleased
Retail in Noida
Preleased Retail in Noida Extension, Tech Zone-4, Noida
Retail
Preleased

₹ 1.60 Cr

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Noida, Noida Extension, Tech Zone-4

Carpet Area: 258 sq. ft.
Built-up: 430 sq. ft.

This commercial property is situated in Noida Extension, Tech Zone-4, Noida. The property is leased out to a well renowned Medical Store and generates... view more

Earn monthly rental income of ₹ 68,401
Your Purchase price
₹ 1.60 Cr

Avg. Rental Yield

6.40%

Price per sq. ft.

₹ 62,016

Lease details

The Tenant is a part of Apollo Hospitals - India’s trusted pharmacy. It is India's first and largest branded pharmacy network, with over 4500 outlets in key locations. Accredited with - International Quality Certification, tenant offers genuine medicines round-the-clock, through our 24-hour Pharmacies. Tenant also provides customer care any time of the day!

Tenant Background

Medical Store
Lease tenure

15 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 68,401
₹ 78,661

You will earn a monthly rental income of ₹ 68,401. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 159/sqft.

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₹ 1.60 Cr
Retail | Preleased