For Sale Commercial Building along V. Luna, Quezon City

For Sale: Commercial Building along V. Luna, Quezon City

Near LTO Main Office, V. Luna Hospital, SSS Diliman Branch, and future Metro Manila Subway East Avenue Station (operational 2028).

Lot Area: 600 sqm

Main Building: 4 floors, total floor area 915 sqm
Accessory Building: 2 floors, total floor area 475 sqm
Non-flooding; elevated part of the road
Tenanted; direct to buyers only
Tenant Information:
-Only 1 tenant occupying both buildings
-Monthly rental income: ₱246,339.41 (5% withholding tax deducted by lessee; VAT, DST, utilities, insurance, and real property tax payable by lessee)
-Lease term up to 2030
-Tenant made major capital investments to renovate the building for medical use, including improvements to the 4th floor
-Original gross leasable area at lease start (2015): 750.60 sqm; current appraisal: 915 sqm (Main Bldg) and 475 sqm (Accessory Bldg)
-Owner and tenant mutually agreed on current lease due to tenant’s capital investments

Price: ₱275,000 per sqm or ₱165,000,000 + VAT (Gross)

Denise Manalo
Real Estate Broker and Civil Engineer
REBL28773
0917 816 6289

Listing ID FSC-90144