Prime Ground Floor Retail | Leased to 3’o Clock | AIPL Joy Central
Prime Ground Floor Retail | Leased to 3’o Clock | AIPL Joy Central
Basics
- Category: For sale
- Type: Pre Leased, Retail Space
Description
-
Description:
An opportunity to invest in a pre-leased ground floor retail asset in AIPL Joy Central, strategically located on the high-growth Golf Course Extension Road. This unit is leased to 3’o Clock, offering a structured long-term lease with strong rental escalation, making it a compelling play for investors focused on future appreciation with steady income visibility.
The asset benefits from prime frontage, consistent footfall, and strong brand visibility, positioning it well within one of Gurgaon’s most active retail corridors.
Property Overview
• Total Area: 1,131.83 sq. ft. (Super)
• Floor: Ground Floor
• Unit: GF-40
• Project: AIPL Joy Central
• Tenant: 3’o Clock
• Lease Tenure: 9 Years
• Lock-in: 3 Years
• Lease Start (LCD): 16 June 2025
• Rent Start (RCD): 15 August 2025
• Escalation: 15% every 3 years
Lease & Rental Structure
• Year 1: ₹110 / sq. ft.
• Year 2: ₹140 / sq. ft.
• Year 3 onwards: ₹160 / sq. ft.👉 Monthly Rent (Year 3): ~₹1.81 Lakhs
👉 Annual Rental (Stabilized): ~₹21.7 Lakhs
💰 Investment Snapshot (Reworked @ ₹45,000 / sq. ft.)
👉 Total Investment: ~₹5.09 Cr
👉 Entry Yield (Year 3): ~4.25%
👉 Initial Yield (Year 1): ~2.9%
📊 Income Projection (9 Years)
• Year 1: ~₹14.9 Lakhs
• Year 2: ~₹19.0 Lakhs
• Year 3–5: ~₹21.7 Lakhs annually
• Year 6–8: ~₹25 Lakhs annually
• Year 9: ~₹28.8 Lakhs👉 Total Rental (9 Years): ~₹2.05 – ₹2.15 Cr
👉 Rental Growth: ~90%+ from Year 1 to Year 9
📈 Investment Perspective
This asset is best suited for investors who are:
• Looking for capital appreciation in a prime retail corridor
• Comfortable with lower entry yield but strong rental growth trajectory
• Targeting mid-term exit upside as the micro-market matures
Why This Asset Stands Out
✔ Ground floor unit ensuring maximum visibility & footfall
✔ Located in a high-growth retail ecosystem on Golf Course Ext. Road
✔ Structured lease with steep rental escalation
✔ Lock-in ensures income security
✔ Attractive for future leasing upside / brand repositioning
✔ Institutional-grade development (AIPL)
Location
- State: Haryana
- Province: Gurgaon
- City / Department: Golf Course Ext Road
- Zip / Postal Code: 122002