Bank-Leased Income-Generating Commercial Property in Laoag City

🔑 Prime Leased Commercial Property for Sale in Laoag City, Ilocos Norte

Leased to a Leading Multinational Bank | Stable Income + Long-Term Value

Lease Overview

• Monthly Rental Income: ₱125,840 (with annual escalation)
• Lease Term: 5 years from October 2025
• Land Area: 273.0 sqm | Floor Area: 352 sqm

Located along Villanueva Street, Barangay 16 (San Jacinto), Laoag City, this property sits within one of Ilocos Norte's most established commercial areas. As the province's political, commercial, and industrial hub, Laoag hosts a dense concentration of banks, businesses, and government institutions, making it the region's primary center for trade and economic activity.

The property is currently leased to one of Southeast Asia's largest banking groups, providing a secure and stable income stream backed by an institutional-grade tenant. With built-in annual rent escalation and a five-year term from October 2025, this is a low-maintenance, income-generating asset in a city with a proven track record as a regional economic center.

Highlights

• Leased to a leading multinational bank under a 5-year term
• Stable monthly income from day one
• Institutional-grade tenant, low vacancy and operational risk
• Located in Laoag City, Ilocos Norte's premier commercial and government hub
• Strong fundamentals for long-term land value in an established regional center

For inquiries and viewings, contact +63 917 539 3195

_{NOTE: All prices, specifications, dimensions, and other property details are based on information provided to us by the property owner or other relevant source and are subject to change without prior notice. While reasonable efforts are made to ensure the accuracy of the information published, errors or omissions may occur. Prospective buyers are advised to independently verify all material property information, including price, availability, specifications, title, taxes, fees, and other applicable terms.}

_{All properties are offered on an “as is, where is” basis, subject to availability, owner approval, and final confirmation. Listing information and advertised prices are not intended to constitute a binding offer to sell, and any sale or transaction remains subject to the parties’ execution of the appropriate definitive documents.}