Commercial Space for RENT in Tipolo, Mandaue City, Cebu

Commercial Space for RENT in Tipolo, Mandaue City, Cebu

A Commercial Space for RENT in Tipolo, Mandaue City, Cebu, near Parkmall, offers a prime business location with high visibility and accessibility. Situated in a bustling commercial area, this space is ideal for retail stores, offices, service centers, or food establishments looking to attract a steady flow of customers. Its proximity to Parkmall, major roads, and business hubs ensures excellent foot traffic and convenient access to public transportation. The property features a spacious and flexible layout, allowing for customization to suit various business needs. With its strategic location in one of Mandaue’s key commercial districts, this commercial space presents a great opportunity for businesses seeking to establish or expand their presence in Cebu.

Location: Tipolo, Mandaue City

Leasable Area: 165.00 sqm (Second Floor, previously Gaming Shop)
Rental Rate:
Basic Rent: ₱700.00/sqm
Monthly Rent (Year 1): ₱123,585.00 (including VAT, less withholding tax)
-CUSA (VAT exclusive): ₱50.00/sqm or ₱8,250.00/month

Rental Terms:
Escalation: 10% annually
Contract Period: 1 year
Security Deposit (3 months): ₱346,500.00 (VAT exclusive)
Advance Rental (2 months): ₱247,170.00 (applied to the last 2 months of operation)

Additional Terms:

• Rent-Free Renovation Period: One (1) month/Thirty (30) days. If the LESSEE completes fit-out works before the Lease Commencement date, they can operate rent-free until the Lease -Commencement date (subject to obtaining necessary permits).
• Marketing Expense: ₱3,000.00/month
• Construction Bond: ₱50,000.00 (refundable)
• Pest Control Treatment: ₱4,125.00/month (VAT exclusive)

Utilities and Services:

• Water Meter: ₱2,000.00 (One Time Payment, Lessee’s Account)
• Power Meter: ₱13,900.00 (One Time Payment, Lessee’s Account)
• Water Rate: ₱85.00/cubic meter (subject to change)
• Power Rate: ₱16.00/kwh (subject to change)

Optional Services:

• Signage Tower: ₱15,000.00 (one-time payment)
• Megger Test: ₱2,800.00 (one-time payment)
• Fire Extinguisher: Kindly call BFP for inspection before purchase.

Ideal Business Uses:

• Retail Store
• Café or Restaurant
• Office Space
• Entertainment Venue
• Service Center and more

FOR SITE TOUR, RESERVATION, AND MORE DETAILS, CONTACT

Phone/WhatsApp/Viber: +63 927 825 2561 / +63 923 208 7324
Email: [email protected]/[email protected]

Teody “Jude”Embrado
REB,REA,REALTOR
Certified Rent Manager
PRC License Real Estate Broker , License no. 0016926

Facebook Page: https://www.facebook.com/cebudreaminvestments
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Youtube: https://www.youtube.com/@teodyembrado
Website: https://cebudreaminvestment.com/

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