Pre-Leased Biba Showroom

Located on Airport Road, the commercial building offers a secure 9 year leased prospect with a well-known brand tenant. It has a guaranteed rental return of 12 lakhs and thus offers a secure source of income. The shop occupies an area of 12 ft x 36 ft, which is perfect for high-end retailing business.

Leased Highlights

The lease key features and rent terms are declared in easy-to-understand, simple words in this section.

• The property is rented out for a long period of 9 years, thereby providing secure rental income.
• The rent escalation has already been taken care of, increasing every 3 years as per the normal trend, thereby ensuring an increase in income in the long run.
• The current rental return of 12 lakhs.
• The tenant has a clean payment history, so it is a trouble-free deal.
• No business hassle – the tenant pays for maintenance and their utilities.

Property Information

We provide here the physical condition and appearance of the property in an easily accessible format.

• Size: 12 ft x 36 ft, giving the entire 670 sq ft of rentable space.
• The unit is located in a recently constructed commercial building with immaculate exteriors and a glass-fronted façade.
• Furnished to the hilt with air conditioning, lighting, and branded interior by the tenant.
• Suited for high-end retail owing to enhanced visibility and regular pedestrian flow.
• Positioned on the ground floor for easy accessibility and maximum visibility.

Location Advantage

This statement says why the Airport Road location is a big plus point.

• Airport Road is a high-growth, high-footfall area.
• Located between residential societies, commercial complexes, and luxury showrooms.
• Easy access from the airport and city makes it a favourite retail company.
• High-traffic areas because of nearby shopping malls, restaurants, and hotels.
• Good road linkages, space for parking, and well-planned metro plans add future value.

Why Biba Is a Good Tenant?

Below, we define the tenant's creditworthiness and brand value.

• Biba is India's well-known fashion brand with an extensive retail presence across India.
• Customer favourite for decades and building a new-store network with zeal.
• Famous for timely payment of rents, upkeep of properties, and long-term retail loyalty.
• Attracts repeat traffic due to its popularity, and the entire commercial complex flourishes.

Would You Like to Visit This Property or Know More?

This pre-leased Biba storehouse is a high-return, once-in-a-lifetime chance for the buyers of commercial real estate.

Book Your Site Visit With Multiowner. Get a quote for rent and an ROI quote.