The leasable property covers 3 floors in an 15storey building with an approximate area of 625 sq.m (square meter) per floor. With the building located along EDSA, right at the heart of Mandaluyong City, it is strategically accessible from all major cities in Metro Manila through all modes of transportation. The property which is just across a mini market (along Pinatubo St.) and near MRT Boni Station has a lot of foot traffic and near prominent commercial establishments like, Jollibee, McDonald’s, Robinsons.
Philippine Red Cross has truly become the premier humanitarian organization in the country, committed to provide quality life-saving services like Ambulance Service (Safety Services), Blood Bank (National Blood Services), Disaster Management Services (DMS) Welfare Service, and Health Services that protect the life and dignity especially of indigent Filipinos in vulnerable situations.
*Price shown above is exclusive of VAT and Assoc. Dues
PROPOSED TERMS OF LEASE
• LEASE TERM – Medium to long term Lease of 5 years up to 15 years;
• MONTHLY RENTAL RATE – P700.00 per sq.m; Plus CUSA/Dues of P100.00 per sq.m
• SECURITY DEPOSIT/ADVANCE – Three (3) months Security Deposit and Three (3) months Advance Rental, applicable at the end of the Lease Contract;
• ESCALATION – No annual escalation on the first 2 years, ten percent (10%) annual escalation on the third year and every year thereafter;
• All units are bare, except for the common areas. Tenant shall provide all finishings subject to the electrical & mechanical specifications consistent with the existing installations in the building;
• Free 3 units of parking spaces for each unit/floor. Additional parking spaces may be rented separately;
• Any permanent improvement or structures introduced by the Lessee shall become the property of the Lessor upon expiration or pre-termination of the Lease Contract;
• Lessee shall pay for the electric and other utility charges used exclusively during the term of the Contract.
Hi, I’m Jaja!
With the growing number of entrepreneurs and companies looking for flexible workspaces in Manila, FlySpaces can help you lock down the perfect workspace for your business.
If you’d like to talk about workspaces in Manila, please feel free to reach out to me at [email protected] or +632 359 3225
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