Paldi
Office Space

Property ID:

AHMOFF0108

Tenant Sector:

Gym & Fitness

ROI:

5.03%

NET ROI

5.18%

Annual Rent

₹38,88,000

Rent per Super Built-up Area

30.17
OTHER DETAILS

Price

₹ 7.73 Cr
Monthly Rent : ₹3,24,000

Carpet Area

5,910 sq. ft.

Super Built-up Area

10,740 sq. ft.
Office Space

Purchase price

0.00 Crore

Avg. Rental Yield

7.50%

Price per sq. ft.

-

Financials

Current Net ROI

-

IRR

11.03%

Investment Multiple

1.00

Total Equity Investment

₹8,26,96,577

Purchase Price

0.00 Crore

Appreciation

0%

Down Payment

100%

Loan Period (in years)

10 years

Interest Rate (p.a.)

0%
With the change in these sliders, understand the possible effect on financial metrics and model.

Description

Newly Constructed property having presence in BRTS route of Ahmedabad in One of the developed business/Residential Area. Tenant is one of the renowned Gym chain which is having presence and many places in Ahmedabad as well

Lease Agreement Terms

  • Tenant Type:

    Gym & Fitness
  • Lease tenure:

    9 years
  • Lockin Period:

    3 years
  • Rent Escalation:

    7% every 3 years
  • Security Deposit:

    ₹19,44,000(6 Months)
  • Property Tax Paid By:

    Owner
  • Maintenance Cost Paid By:

    Owner

Lease Timeline

Lease Start Date:

2021-04-01

Lockin End Date:

2024-04-01

Lease End Date:

2030-03-31

Monthly Rent

₹3,24,000

Ending Monthly Rent

-

Rent per sq. ft.

₹55

Price per sq. ft.

-

Pricing

Purchase price

Purchase Price:

₹0

Reg. + Stamp Duty:

-

Brokerage Charges:

₹0

Total Investment:

₹0

Financial Model

DownloadROI Model

Reply To The Listing

7.73 Cr

Office Space