Preleased Bank and Retail Shops for Sale in Bhandup

This is a preleased commercial property for sale in Bhandup, located at Neptune Mall on Main LBS Road, next to a metro station. The property comprises four shops with a total carpet area of 4,800 sqft and is situated in the Eastern Business District. The shops are occupied by established commercial tenants under stated lease agreements.

Property Details

• The property includes a total of 4 commercial shops.
• The total carpet area of all 4 shops is 4,800 sqft.
• The property is located at Neptune Mall on Main LBS Road in Bhandup.
• The shops are next to a metro station.
• Two shops are taken by SBI under a 2021 agreement, with escalation stated for January 2026.
• One shop is taken by a spa under a fresh 5-year agreement executed in 2024 with a lock-in period.
• One shop is taken by Cars24 under a fresh 5-year agreement executed in 2024 with a lock-in period.
• Neighbouring brands mentioned include HDFC ERGO, PNG Jeweller, McDonald’s, Nexa showroom, Croma, Airtel and IDFC Bank.
• Cinepolis theatre is also mentioned as a neighbouring establishment.
• The stated total outgoing for all 4 shops is Rs 1,24,925 per month, including maintenance and property tax.

The asking terms are described as slightly negotiable, with a stated approximate net ROI of 5.5%. For site visit or more details, contact AV Properties.