Office For Sale and Investment in Thane

Preleased

Office in Thane

Office

Preleased

₹ 9.00 Cr

Click here to get loans up to ₹ 5.40 Cr!

Thane, Wagle Estate

Carpet Area: 5,225 sq. ft.

Built-up: 7,838 sq. ft.

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

Earn monthly rental income of ₹ 5,32,984

Your Purchase price

₹ 9.00 Cr

Avg. Rental Yield

7.53%

Price per sq. ft.

₹ 17,225

Building Information

Lease Details

Pricing

Financials

Building information

It s a flagship venture of Nitco Group in Wagle Estate, Thane.

Year built

2010

Why to invest?

1This commercial property features a centralized AC and five DGs for uninterrupted power backup

2Host tenants ranging from BPOs, legal firms to healthcare

310 minutes away from Mulund, the nearest station and a 15-minute drive from Thane station

Lease details

With over 40 years of experience in Indian realty, they have specialised co working spaces across India with over 2 million sqft under their managment.Their clients include HDFC,BASF,Aon, OLX,Flipkart and many more

Tenant Background

Co working

Lease tenure

5 years

Lockin Period

2 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

January 2022

Lockin End Date

January 2024

Lease End Date

January 2027

Current monthly rent₹ 5,32,984

Rent after escalation₹ 6,12,932

Monthly rent details

You will earn a monthly rental income of ₹ 5,32,984. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 68/sqft.

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₹ 9.00 Cr

Office | Preleased