Pre-Leased ICICI Bank — MG Road, Gurugram | Commercial Property
Covenant, lease term, yield and exit — reviewed with the VRX Capital advisory desk.
A high-visibility pre-leased commercial investment on MG Road, Gurugram — one of the NCR's most premium commercial corridors. ICICI Bank occupies the Ground Floor unit of 2,475 sqft on a fresh 9-year lease commencing September 2025, offering investors a clean, institution-backed income stream with structured escalation from day one.
MG Road, Gurugram remains one of the NCR's most liquid and visible commercial addresses — a location that commands premium rental levels and sustains institutional tenant demand. ICICI Bank's fresh 9-year lease from September 2025 secures near-term tenancy and provides immediate, clean cash flow. The 15% escalation every 3 years pushes gross yield from 4.25% at entry to 5.62% post-escalation. A 3-month security deposit provides standard downside protection, while JMD Empire Square adds commercial credibility to the asset.