Property Description
This offering comprises multiple commercial pre-lease properties in brand new A Grade buildings located in Turbhe, Navi Mumbai. The properties include a fully furnished retail showroom asset, a fully furnished office asset, and another fully furnished office space, with carpet areas ranging from 3,983 sq ft to 10,779 sq ft.
Property Details
- The retail property includes 3 showrooms with a combined carpet area of 5,691 sq ft.
- The retail showroom property is located on the ground floor and has an 81 ft frontage.
- The retail showroom has a 16 ft ceiling height and provision for 6 car parking spaces.
- The office property has a carpet area of 10,779 sq ft and includes 6 offices.
- The larger office property has a 14 ft ceiling height and is located in an A Grade building.
- The third commercial property has a carpet area of 3,983 sq ft and is located on the 8th floor.
- The third property has a 14 ft ceiling height and is occupied by an IT company.
- The properties are offered with fresh pre-lease agreements ranging from 5 years to 5+4 years.
Lease Terms
The stated lease terms include annual escalations ranging from 4% to 4.75%, six months' deposit requirements, and a three-year lock-in period for one of the properties. For site visit or more details, contact AV Properties.
