Description

Prime Commercial Tenanted Property For Sale In Bangalore.

Rental Income Property For Sale In Bangalore.

This prime commercial property on Bellary Road, Hebbal is an excellent investment opportunity with a reliable tenant and consistent rental income. The Grade A commercial building offers 17,920 Sq.Ft of space and 28 car parks, making it ideal for corporate use. With a long lease period and scheduled rent escalations, this property promises a steady return on investment.

Property Details:
Location: Bellary Road, Hebbal, Bangalore
Type: Rental Income Property
Building: Grade A Commercial Building
Tenant: Bank Corporate Office

Space Offered:
Area: 17,920 Sq.Ft (Undivided Share)
Parking: 28 Car Parks

Rental Details:
Fetching A Monthly Rent Of Rs.9.43 Lakhs
Rate: ₹52.65/- per Sq.Ft + Maintenance + GST
Lease Period: 9 Years
Lock-In Period: 3 Years
Lease Start Date: 1st May 2024
Deposit: 12 Months' Rent (Kept as Fixed Deposit @ 7.5% Interest P.A. Paid Out Every Quarter)
Escalation: 15% Every 3 Years

Financial Details: Price: Rs.19 Crores (₹10,600/- per Sq.Ft), Inclusive of Car Parks,

Return on Investment (ROI): 6.4%, Fit-Out: By the Tenant

If you need any more details or have specific questions, feel free to ask!

Brokerage 1%. ☎️ 'Realty Corp' 9886025027