Pre-Rented Commercial Building in Sector 44

This is a pre-rented commercial building in Sector 44, positioned on a main road and occupying a 1037 sq mtr plot. The building comprises seven floors, including two basement levels, a ground floor, and four upper floors, and is leased to a single stock-listed reputed group.

Property Details

• The property is a commercial building located in Sector 44.
• The plot area measures 1037 sq mtr.
• The building has 7 floors, including 2 basement levels, the ground floor, and four upper floors.
• The property is main road facing.
• The premises are pre-rented under a fresh lease.
• The tenant is a single stock-listed reputed group.
• The lease term is 9 years with a 3-year lock-in period.
• The lease provides for a 15% increase from the 3rd year.
• The stated ROI is 7%.

Lease Terms

The property is offered with a fresh 9-year lease, a 3-year lock-in period, and a 15% increase from the 3rd year. Rent is subject to GST. For site visit or more details, contact AV Properties.