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Commercial Real Estate Assets for Sale in Chennai, India

For Sale: Commercial building with 4 floors located in a prime area of Chennai.

Ownership Duration 20-30 year(s)
Industries Commercial Real Estate
Locations  Chennai
Local Time 11:18 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 26 million (Native Currency: INR 1,950,000,000)
Reason: Owners are looking to focus on and expand their pharma business.
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Assets Description

- Looking to sell a commercial building located in Chennai.

- The building and land is company owned and located in a prime area just off OMR.

- There are 4 floors with a total land area of 90,000 Sq. Ft.

- There is currently one IT company that has taken up the entire building on rent for their corporate office.

- The company will continue to be a tenant for the next 5 years.

- This is a good rental yield asset located at heart of the city.

- The building has minimum FSI achieved.

- Sale would include entire land and building.

Recent Activity
  • Earlier than 15 days
    MD, Bangalore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Tirunelveli, Commercial Real Estate Broker connected with the Business
  • Earlier than 15 days
    Independent Advisor, Mumbai, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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