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: Any third-party logos or trademarks visible in photos are shown incidentally and are the property of their respective owners. No affiliation or endorsement is implied.

Sale shall be on As-Is-Where-Is basis. The term "As-Is-Where-Is" shall refer not only to the physical condition of the property and its contents/inclusions at the time of the sale but also to the condition of the owner's title or other evidence of ownership and the extent and state of whatever rights, interests and participation over the property the company may have at the time of the sale.  

*Potential buyers are responsible for conducting their own due diligence of the property, including, but not limited to, the actual physical inspection of the property and securing property documents, prior to submitting an offer. The company can issue Authorization Letters to conduct due diligence with the Registry of Deeds, Assessor's Office, and BIR upon request.