Making a mark in the commercial scene of Marikina City
Marikina is known as the “Shoe Capital of the Philippines”, as it is where 70% of high-quality local shoes are made and distributed in the country. This city, located on the eastern border of the metro, connects NCR to the provinces of Rizal and Quezon through Marcos Highway. Marikina is surrounded by Quezon City, Pasig, Cainta, San Mateo, and Antipolo, making it one of the highly accessible cities in NCR. Do you want your business to be accessible not only to Manileños but also to residents of the metro’s nearby provinces? Then it is best to establish your business in a commercial space for rent in Marikina, Metro Manila.
Noteworthy landmarks and establishments
Marikina is one of the favored cities to reside in. While the city is highly urbanized, it is clean and gives off a laid-back living environment, making it conducive to families raising kids, empty nesters, and retirees. If you plan to situate your business in Marikina, here are some establishments that the city houses.
Malls found in Marikina are:
Educational institutions found in Marikina are:
Hospitals found in Marikina include:
The prices of commercial spaces for rent in Marikina, Metro Manila
Commercial properties for rent in Marikina can be a warehouse unit, a commercial space, or a commercial building. If your business is heavy-industry related and you need to rent a warehouse, these properties in Marikina measure 108 to 13,500 square meters. These warehouses have a monthly rental of PhP 25,000 to 2,800,000 a month.
If you want to lease a commercial or office space in Marikina, you can find stalls and units ranging from 10 to 400 square meters. You can stay in these spaces for PhP 12,000 to PhP 35,000 a month. If you need to rent a whole building, you can stay in a two to four-storey commercial building for up to PhP 2,665,000 a month.
Since Marikina is also known as a growing food hub, you can lease a resto-bar and grill in the city for PhP 95,000 a month. Note that most commercial spaces for rent in Marikina, Metro Manila are bare, except for some. Should you prefer a semi or fully furnished property, rental fees can go higher.
It is also helpful to remember that the southern part of Marikina predominantly houses business and commercial establishments, while the northern part of the city is where you can find factories and warehouses.
The advantage of renting a commercial space for rent in Marikina, Metro Manila
Marikina is a growing commercial and industrial hub. If you establish your business in the area, you get to serve not only Manileños but also residents of nearby provinces of Rizal and Quezon, widening your market reach. Marikina is also a go-to place for people who want affordable shopping. That is why there is heavy foot traffic in its commercial areas. If you sell reasonably priced products and services, you can be sure that many people in the area will be interested in your business.
Investment and business opportunities
There are plenty of business options you can try in a commercial space for rent in Marikina, Metro Manila. You can open a restaurant or cafe in one of its food parks. The city is also known for its locally made products such as shoes, bags, leather, clothing, handicrafts, processed foods, and sweet delicacies. If you have a knack for locally made products, these can be your options.
Are there commercial properties for sale in Marikina, Metro Manila?
Yes. The majority of these are commercial buildings priced at PhP 16,000,000 to PhP 120,000,000. The price of warehouses starts at Php 85,000,000.
Are there houses and lots for rent in Marikina, Metro Manila?
Yes. These homes, on average, have three to four bedrooms. You can rent these homes for PhP 30,000 to PhP 150,000 a month.
Are there lots for sale in Marikina, Metro Manila?
Yes. Most of the lots offered in Marikina are residential lots with prices ranging from PhP 2,550,000 to PhP 30,000,000.