Pre-Leased Commercial Property for Sale in Malad West

This is a pre-leased commercial property available for outright sale in Malad West. The property offers 1,225 sq. ft. of carpet area along with a 50% loft, and is situated in a commercial building with gated entry and a glass façade. It is currently tenanted by an IT company and provides rental income under an existing lease arrangement.

Property Details

• Located in Malad West within a commercial building
• Offers 1,225 sq. ft. of carpet area
• Includes a 50% loft
• The building has gated entry
• The building features a glass façade
• Served by 3 high-speed elevators
• Includes 1 car parking space
• Includes 1 bike parking space
• The property is pre-leased to an IT company
• The current tenancy has been in place for 1 year

Lease and Income Terms

• The current monthly rental is Rs. 1,25,000
• The annual rental increment is 5%
• The lease agreement is for 5 years
• The lock-in period is 3 years
• The property is positioned for rental income and long-term capital appreciation

The asking price is negotiable. Serious buyers with direct requirements can enquire for further details and inspection. For site visit or more details, contact AV Properties.