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Prerented Properties
Properties/Rajasthan/C-Scheme
Pre-rented high-street retail in C-Scheme, Rajasthan, leased to a pharmacy / medical store tenantPictures are for illustration only
High-Street RetailAvailable

Pharmacy / Medical Store

C-Scheme, Rajasthan · Bhagwan Das Road, ground floor

Basic details

Price
₹4.20 Cr
Rent
₹2.35 L / month
Location
C-Scheme, Rajasthan
Carpet area
1,100 sq ft
Built-up area
1,380 sq ft
Type of property
High-Street Retail
Avg. rental yield
6.71%
Price per sq ft
₹38,182

Property ID

PR-JAI-S27

Tenant sector

Pharmacy / Medical Store

ROI

6.16%

Net ROI

6.05%

Annual rent

₹28.20 L

Rent per sq ft

₹214

Financials

Current Net ROI

6.05%

IRR

11.57%

Investment Multiple

1.94x

Total Equity Investment

₹4,57,80,000

Deposit
₹14,10,000
ROI
6.16%
Maintenance
₹13,200 / month
Property tax
₹50,000 / year
Total outgoing
₹50,000 / year

IRR and multiple assume a sale at lease end at the yield you buy at. Figures are gross of income tax.

Lease agreement and tenancy

Tenant type
Pharmacy / Medical Store
Lease tenure
10 years
Lock-in period
4 years
Escalation
15% every 3 years
Property tax paid by
Owner

Lease timeline

  1. Lease start date

    01-06-2023

  2. Lock-in end date

    01-06-2027

  3. Lease end date

    31-05-2033

Monthly rent
₹2,35,000
Monthly outgoing
₹4,167
Ending monthly rent
₹3,57,406
Rent per sq ft
₹214
Price per sq ft
₹38,182
Carpet area
1,100 sq ft

Pricing

Purchase price
₹4,20,00,000
Reg. + stamp duty
₹29,40,000
Brokerage charges
₹8,40,000
= Total investment
₹4,57,80,000

ROI model

A year-by-year model of rent, escalations and returns for this property.

Our checks, already complete

  • C-Scheme pharmacy, seven years left
  • Smaller ticket, same process as a Mumbai branch
  • Freehold

The exact address, the tenant’s legal name and the registered lease follow the first call. Owners prefer it that way, and so would you, in their place.

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