Pre-Leased Private Bank — Crossing Republik, Ghaziabad | Commercial Property
Covenant, lease term, yield and exit — reviewed with the VRX Capital advisory desk.
A stabilised pre-leased commercial investment in Crossing Republik, Ghaziabad — tenanted by a leading private sector bank with a long-term lease in place. The Ground Floor unit offers 4,300 sqft super area (3,300 sqft carpet) with a strong 4.5% yield and a structured escalation cycle, making it a compelling acquisition for yield-focused investors seeking a credible banking tenant.
A leading private sector banking tenant provides an institutional-grade rent covenant over a 15-year lease signed in 2016, with approximately 5 years of lease remaining. The 25% escalation every 5 years provides meaningful upside to yield over the remaining term. Crossing Republik is a rapidly densifying residential and commercial hub in Ghaziabad with improving infrastructure connectivity. The 3,300 sqft carpet configuration is suited to a full-branch banking operation, reducing re-leasing risk at expiry.