What type of property is this and who is the tenant?

This is a commercial property leased to a corporate tenant in ahmedabad.

Property ID: PR-202510-1WWNA2

Active

Pre-Leased Office in Business Park at Iscon cross road , Ahmedabad

Iscon cross road , Ahmedabad

0th Floor

ROI - 6.46%

Monthly Rent

₹70000

Per month

Annual Rent

₹840000

Per year

Price

₹1.30 Cr

Total price

Property Specifications
Detailed property measurements and type

Carpet Area

900 sq ft

Super Built-up Area

1256 sq ft

Property Type

Office in Business Park

Tenant Type

Corporate Office

Age Of Property

Floor

0th Floor

Investment Analysis
ROI calculations and performance metrics

6.46%

ROI

₹840000

Annual Rent

₹77.78

Rent per Sq.ft (Carpet)

9 Years

Lease Tenure

Lease Agreement Terms
Complete lease terms and conditions

Lease Starts

October-2024

Lease Ends

October-2028

Lock-in Period

1 months

Rent Escalation

10% every 1 year

Security Deposit

2 months

Property Tax Paid By

Tenant

Maintenance Paid By

Tenant

Notice Period

2 months

Investment Overview

This pre-leased commercial property in ahmedabad offers investors a rental yield of 6.46% per annum, generating a monthly rental income of ₹70,000 from an established corporate tenant. The property comes with a 9-year lease agreement, including a 1-month lock-in period. Rental escalation of 10% is built into the lease, ensuring growing returns over time. The property spans 900 sq.ft on the above_10f floor, making it an attractive investment in ahmedabad's commercial real estate market.

Frequently Asked Questions

What is the rental yield of this property?

This property offers a rental yield of 6.46% per annum, with a monthly rent of ₹70,000. Rent escalates by 10% as per the lease agreement.

What are the lease terms for this property?

The lease tenure is 9 years. with a lock-in period of 1 months. Lease commenced on 2024-10-08T18:30:00.000Z.

Who is the tenant and what type of property is this?

This is a commercial property currently leased to a corporate tenantin ahmedabad.

What is the investment amount and expected returns?

The investment price for this property is available on request. At 6.46% annual yield, investors can expect ₹8,40,000 in annual rental income. With 10% periodic escalation, returns grow over the lease tenure.

Pre-Leased Office in Business Park at Iscon cross road , Ahmedabad

Property SpecificationsDetailed property measurements and type

Investment AnalysisROI calculations and performance metrics

Lease Agreement TermsComplete lease terms and conditions