Prime Commercial for Lease in Tipolo, Mandaue City, Cebu

Prime Commercial for Lease in Tipolo, Mandaue City, Cebu

A Prime Commercial for Lease 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.

Gross Leasable Area: 55.00 sqm
Rental Terms:
Basic Rent: ₱700.00/sqm
Monthly Rent (Year 1): ₱41,195.00 (including VAT)
CUSA (VAT exclusive): ₱50.00/sqm/month or ₱2,750.00/month
Contract Period: 1 year
Security Deposit (3 months): ₱115,500.00 (VAT exclusive)
Advance Rental (2 months): ₱82,390.00 (applied to the last two months of operation)

Additional Terms:

• Escalation: 10% annually
• Marketing Expense: ₱3,000.00/month
• Construction Bond: ₱50,000.00 (refundable)
• Pest Control Treatment: ₱1,375.00/month (VAT exclusive)

Rent-Free Renovation Period:
Thirty (30) days: If the LESSEE completes fit-out works before the Lease Commencement date, the LESSEE can operate rent-free until the Lease Commencement date (subject to obtaining the necessary permits).

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)
• Aircon Cleaning: Quarterly cleaning by accredited contractors

Ideal Business Uses:

• Retail Store
• Café or Restaurant
• Office Space
• Service Center
• Boutique 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
Instagram: https://www.instagram.com/cebudreaminvestment/
Youtube: https://www.youtube.com/@teodyembrado
Website: https://cebudreaminvestment.com/

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