Preleased
Bank in Thane
Preleased Bank in Wagle Estate, Thane
Bank
Preleased

₹ 14.50 Cr

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Thane, Wagle Estate

Carpet Area: 4,500 sq. ft.
Built-up: 7,500 sq. ft.

This commercial property is situated in Wagle Estate, Thane. The property is leased out to a well renowned Bank and generates a monthly rental income ... view more

Earn monthly rental income of ₹ 6,80,000
Your Purchase price
₹ 14.50 Cr

Avg. Rental Yield

6.28%

Price per sq. ft.

₹ 32,222

Lease details

Tenant was founded in 1964 by goverment of India, has assets worth $34b. Tenant has significance presence all over the country and employing over 18,000 people.

Tenant Background

Bank
Lease tenure

9 years
Lockin Period

2 years

Rent Escalation

10% every 3 years
Lease Timeline
₹ 6,80,000
₹ 7,48,000

You will earn a monthly rental income of ₹ 6,80,000. The rent will escalate by 10% every 3 years. The rent per sqft paid by the tenant is ₹ 91/sqft.

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₹ 14.50 Cr
Bank | Preleased