Pre-Leased Commercial Property Assets for Sale in Chennai, India
50,000 sq ft pre-leased retail space in upcoming mall in Chennai with 12% rental yield.
This transaction has concluded.
Premium Plan
| Ownership Duration | 5-10 year(s) |
| Industries | Rented Commercial Properties |
| Locations | Chennai |
| Local Time | 10:48 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Asset Sale
Asking Price:
USD
9.5 million
(Native Currency: INR 820,000,000)
Reason: The builders want to exit. The advisor representing the client will not be charging any upfront or s...
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Interested to connect with advisors
Assets Description
- The client (builder) owns 50,000 sq ft retail space on the ground and first floor of an upcoming shopping mall.
- The shopping mall is located 4km from Chennai Central.
- The estimated area of the shopping mall is 7L sq ft, of which 5L sq ft is already been pre-leased.
- The facility is pre-leased to a tenant.
- Some of the well-known tenants of the mall space are PVR, Kauveri Hospitals, Jaguar, Westside, and Sriram Public School.
- The mall is still under construction and is planned to inaugurate next year.
- The rental yield is up to 12% of the property value.
- This facility is ideal for retail shops and showrooms.
- The shopping mall is located 4km from Chennai Central.
- The estimated area of the shopping mall is 7L sq ft, of which 5L sq ft is already been pre-leased.
- The facility is pre-leased to a tenant.
- Some of the well-known tenants of the mall space are PVR, Kauveri Hospitals, Jaguar, Westside, and Sriram Public School.
- The mall is still under construction and is planned to inaugurate next year.
- The rental yield is up to 12% of the property value.
- This facility is ideal for retail shops and showrooms.
Recent Activity
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Earlier than 15 daysIndependent Advisor, Chennai, Business Broker connected with the Business
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Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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