Tuesday, May 7, 2024

RIZ-CNT-0027


Property Type: Commercial Property
Lease/Sale: For Lease
Additional Information
- The property is along the highway and has a prime location with good foot and vehicle traffic and a great street frontage.
- Total lot area is 2,612 sqm.
- The lot consists of a commercial building fronting the main highway, a warehouse at the backmost part of the property, and an open space with staff house in between the commercial building and warehouse.
- The owners are open to sell it, lease the property as a whole, or rent-out the building and warehouse (w/ open space & staff house) separately.
- Escalation rate is 5%, starts on the 3rd year.
- HIGHEST & BEST USE: showroom, storage, main office, commercial strip, and the likes.

The Offer
Commercial Building
- Total floor area is 2,271 sqm, has 5 floors, has an elevator, with restrooms per floor, a roof deck, fitted but will not be furnished.
- One to two tenants on the ground floor will remain (rental proceeds will be absorbed by the new building tenant).
- Monthly rent is P1,500,000.00 (P1.5 Million).
- Payment terms is 2 months deposit + 1 month advance + PDCs.
- Lease term is minimum 10 years







  

Disclaimer
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- We'll update this list from time to time.
- Almost all properties are our direct listings.
- Prices and availability are subject to change.
- We'll send the complete information upon inquiring.
- We personally checked the properties first before we advertise it.
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