Bank-Leased Retail Asset — DBS Bank, Ground Floor, Magnum Global Park, Sector 58
Bank-Leased Retail Asset — DBS Bank, Ground Floor, Magnum Global Park, Sector 58
Basics
- Price per sqft: ₹ 221
- Timing: 24 Hours
- Work Days: All Days of Week
- Category: For sale
- Type: Office Space, Pre Leased, Retail Space
- Area: 2661 sq ft
- Lot size: 40000 m²
Description
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Description:
A premium pre-leased ground floor retail asset available for sale in Magnum Global Park, Sector 58, Gurugram — one of the most prominent Grade A commercial developments along Golf Course Extension Road. The property is leased to DBS Bank, a globally respected Singapore-headquartered banking institution, on a long-term lease — making this one of the most secure tenant profiles available in the NCR pre-leased market. Ground floor bank branches are among the stickiest commercial tenants in the industry, with relocation rates near zero once established.
This unit is part of a larger 4,400 sq. ft. retail space occupied by DBS Bank, with 2,661 sq. ft. being offered for sale. The tenant's lease covers the entire space, ensuring seamless occupancy and uninterrupted rental income for the buyer.
Property Highlights
- Location: Magnum Global Park, Sector 58, Gurugram
- Total Tenant Occupancy: 4,400 Sq. Ft.
- Unit Available for Sale: 2,661 Sq. Ft.
- Floor: Ground Floor
- Tenant: DBS Bank
- Lease: Long-Term
- Escalation: 15% every 3 years
- Condition: Fully operational bank branch
Financial Snapshot
- Rent: ₹221/Sq. Ft.
- Monthly Rent: ₹5.88 Lakhs
- Annual Rental Income: ₹70.56 Lakhs
- Capital Value: ~₹62,400/Sq. Ft.
- Indicative Property Value: ~₹16.60 Cr
- Yield (ROI): ~4.25%
9-Year Income Projection
- Year 1–3: ₹70.56 Lakhs/year
- Year 4–6: ₹81.14 Lakhs/year (+15%)
- Year 7–9: ₹93.31 Lakhs/year (+15%)
- Total Rental Income Over 9 Years: ~₹7.35 Cr
Investment Metrics
- Total Investment: ~₹16.60 Cr
- Total Rental Earned (9 Years): ~₹7.35 Cr
- Rental Growth: ~32% over lease tenure
- Escalation: 15% every 3 years (structured)
- Tenant Profile: Global Bank (highest credit strength)
- Capital Appreciation Potential: 6–8% annually
- Projected Exit Value (9 Years): ~₹28 – ₹32 Cr
Why This Asset Stands Out
- DBS Bank — global banking institution, among the strongest tenant profiles in commercial real estate
- Ground floor retail bank branch — near-zero relocation probability once established
- ₹221/sq ft rent demonstrates the micro-market's premium positioning
- Part of a larger 4,400 sq ft bank-occupied space — no vacancy risk on adjacent units
- Long-term lease with structured 15% escalations provides predictable income growth
- Magnum Global Park is a Grade A landmark on Golf Course Extension Road with strong institutional tenancy
- ~₹7.35 Cr total rental income over 9 years with potential asset value doubling
- Ideal for HNIs and family offices seeking bank-guaranteed income with capital appreciation
The Investment Thesis
At 4.25% yield, this asset is priced at a premium — and rightly so. Ground floor bank branches in Grade A buildings are among the most secure commercial assets in India. DBS Bank's global standing, the long-term lease structure, and the ₹221/sq ft rent floor provide institutional-grade income certainty. The real wealth driver here is capital appreciation on Golf Course Extension Road, where commercial values have consistently outperformed, combined with the rental escalation from ₹5.88 Lakhs to ₹9.33 Lakhs/month over the lease period.
Location
- State: Haryana
- Province: Gurgaon
- City / Department: Golf Course Ext Road
- Zip / Postal Code: 122011