Details

An excellent opportunity to invest in a rented retail property at MGF Mega City Mall located on MG Road, Gurugram. This premium commercial unit is leased to Axis Bank Ltd, making it a stable and secure investment option for buyers looking for long-term rental income. The property is situated on the first floor and offers strong visibility along with high footfall in one of Gurgaon’s well-known commercial destinations.

The available unit size is approximately 2000 sq.ft. out of a total 9000 sq.ft. retail bank branch area. The current rental income is Rs. 2,16,890 per month with a rent rate of Rs. 108.45 per sq.ft. The lease tenure is 15 years starting from February 2018, which provides long-term income stability for investors. There is also a 15% rent escalation after every 3 years, adding future growth potential to the investment{1}.

This property in MGF Mega City Mall comes with a security deposit equal to 3 months’ rent and offers an ROI of around 4.75%. The total deal value of the property is Rs. 5.48 crore.

The commercial environment around MGF Mega City Mall includes offices, retail outlets, metro connectivity, and residential developments, making it a preferred destination for business activity. If you are searching for a secure leased commercial investment in Gurgaon, this property in MGF Mega City Mall is worth considering.

Details :

• Tenant – Axis Bank Ltd
• Floor- First
• Total Area – 9000 Sq.ft. Approx
• Area Available- 2000 sq.ft. (Single Unit)
• Current Rent – Rs. 108.45/-sq ft (Monthly Rent Rs. 2,16,890/-)
• Security Deposit – 3 Months Rent
• Lease Tenure – 15 Years
• Lease Start – Feb 2018
• 15 % Rent Escalation after every 3 year
• ROI @ 4.75 %
• Total Deal Value – 5.48 Cr.

By Manchanda Realtors