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Preleased Shop in Sector 137, Noida Expressway, Noida
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Preleased

₹ 2.90 Cr

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Noida, Sector 137, Noida Expressway

Carpet Area: 243 sq. ft.
Built-up: 405 sq. ft.

This commercial property is situated in Sector 137, Noida Expressway, Noida. The property is leased out to a well renowned High-Street Salon and gener... view more

Earn monthly rental income of ₹ 1,45,000
Your Purchase price
₹ 2.90 Cr

Avg. Rental Yield

7.22%

Price per sq. ft.

₹ 1,19,342

Lease details

Tenant is part of pan India network of one of the oldest and most well known salon chains in India. It was founded in 1989 and since than has continued to grow, with more than 100 outlets across the country as of today. Along with the 405 sq. ft. area, a 1300 sq. ft. storage is also included..

Tenant Background

High-Street Salon
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,45,000
₹ 1,66,750

You will earn a monthly rental income of ₹ 1,45,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 358/sqft.

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