Code: ACM-8
3 Storey Building in Novaliches

Lot Area: 1700 ㎡
Floor Area: 5100 ㎡ approx

➖30 year-old building with basement, ground floor, mezzanine, and second floor
➖Very nice area, beside Susano Market
➖Beside Jollibee and Greenwich
➖Corporation-owned
➖Tenant is Puregold (contract is 25 years, 15 years left in the contract)
Annual escalation
* 4% from year 11-15
* 5% from year 16-20
* 6% from year 21-25
Reason for selling: owner is thinking of returning the investments
Income: 1M per month

Price: ₱350k per ㎡ or ₱595M net (negotiable)