Commercial Property – Marcos Highway corner Eulogio Amang Rodriguez, Dela Paz

Description

Income Earning Commercial Property (6,557-sqm LA with 11 Commercial Tenants). Across Ayala Feliz Mall and the PH1 World Developer (Megawide) Condo Project. Adjacent to Ayala Feliz Transport Terminal (purportedly as site for future condo towers). Corner lot with approx. dimensions of 48.34-meter width x 125-m depth. With 19-meter-wide x 48-meter-wide frontages along Marcos Highway and E. A. Rodriguez Avenue, respectively. Prominent, public transport pick up and drop off zone with high-foot traffic. Rectangular in shape, commercial property with 11 Tenants: Puregold, Jollibee, Mang Inasal, Mang Inasal R&D Office, Baker and Foodmart, Pharmacy, Lotto Outlet and other micro-enterprise shops. 800-meter to Robinsons Mall & Sta. Lucia Mall LRT 2 Station. 900-meter away from Santolan LRT 2 Station Pasig. Family of deceased (2) siblings executed EJS and Estate Taxes are paid. Monthly income is PhP1.608-Million (Upside: Contract with Sublessor will expire on 2029. Sibling-owners are divesting to enjoy their share of the sale proceed.) Ideal to redevelop into multi-storey commercial complex to accommodate corporate tenants like Banks, Fuel Stations, showrooms, restaurants and other service-oriented outlets. Asking Price: PhP150,000.00/sqm or Total PhP983.55 Million, Gross Amount, Negotiable